NEWS

Elon Musk to Reveal Report on Tesla’s 2021 Performance

Tesla will release its full 2021 financial results on 26 January, as well as a revised product roadmap that could include a timeline for the launch of the long-awaited Cybertruck, Roadster and Semi.

The company’s management will present the financial and business results in an online webcast at 4:30 pm central time in the US, 10:30 pm in the UK.

Musk will participate in the conference call, although he had said last year that he would no longer do so. The company will also hold a live webcast with questions and answers.

The company delivered more than 936,000 vehicles in 2021, following a solid fourth quarter in which it achieved production and delivery figures of 305,000 and 308,000 units, respectively.

Tesla has not yet revealed which models will be discussed as part of the roadmap update, but it is expected that the long-awaited cyber lorry will be one of the topics of conversation.

The Cybertruck was first announced in 2019, with a production date of 2021. Later, that date was moved to 2022, and even that date has now been removed from the online order form.

Musk has already confirmed that the highest trim level of the Cybertruck will go into production first but has not yet given a price. The top model was previously listed as a three-motor model with a range of 500 miles and a price of $69,900 – about £50,000.

There has also been little news about the upcoming Roadster since last year. At the time, Tesla confirmed that production would begin in 2023, six years after it was first unveiled. The 1006 hp, three-motor Model S Plaid, unveiled early last year, is also not yet available on the European market.

Tesla is expected to give an update on its Semi electric lorry during the webcast after small-scale production starts at its Nevada plant.

Musk has already claimed that the lorry will launch with a range of up to 600 miles and a price tag of $180,000 (£130,000), while a lower-spec model will be available from $150,000 (£110,000).

The year 2021 was a successful one for Tesla in the UK, with the Model 3 being one of the best-selling cars after the Vauxhall Corsa. A total of 34,783 units of the Model 3 were sold.

volume has risen to 60% and development time has been reduced by 25%.

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Hassan Soukar

Hassan Soukar is a veteran automotive, and tech journalist, as well as a professional photographer. A man with a keen sense for innovation and a great sense of humour. He is the pro that reviews the latest gadgets from smartphones and VR headsets to fitness bands. Hassan has a generous number of lists, reviews and latest industry leaks.

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