Have you seen more Teslas (TSLA) popping up in your neighborhood? That shouldn't come as a surprise as Elon Musk's company has delivered 241,300 cars in the third quarter of 2021 — that's almost 20% higher than the previous quarter! This number beats analysts' expectations by nearly 9% and sets the company up for the highest number of units delivered in a year. Models 3 and Y drove the majority of the surge in sales, making up 96% of deliveries.

Tesla's sales performance is indicative of EVs' positive momentum, as consumers look for more environmentally friendly options for their daily means of transportation.