Customers experience a new energy electric vehicle at a Tesla store in Shanghai, China, December 4, 2021.
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Tesla just reported First-quarter vehicle production and delivery numbers for 2022.
Here’s how they did it.
Tram delivery (total): 310,048
Electric vehicle production (total): 305,407
Via same period last year, Tesla delivered 184,800 electric vehicles and produced 180,338 cars.
According to Tesla, Model 3 and Model Y vehicles accounted for 95%, or 295,324 vehicles delivered in the first quarter of 2022.
The company produced fewer than 4,641 vehicles delivered during the quarter, citing “ongoing supply chain challenges and plant shutdowns.”
Analysts expect deliveries of 317,000 vehicles in the first three months of 2022, according to estimates compiled by FactSet as of March 31. Estimates range from a low of 278,000 vehicles to a high of 357,000.
Delivery numbers are the closest approximation to sales reported by Tesla.
The company recently opened a new factory in Brandenburg, Germany, and had a ribbon-cutting ceremony on March 22. Tesla also plans to hold a grand opening and “cyber rodeo” event on April 7. at another new vehicle assembly plant it is building. Austin, Texas.
Tesla officially moved its headquarters to Austin on December 1, but still operates its first electric car factory in Fremont, California.
Globally, Tesla’s operations for the quarter, which ended March 31, were impacted by the rise of Covid and new health restrictions in China, which required the halt of production at its factory in China. Shanghai. inside Quarter IVTesla delivered 308,600 EVs, marking a record for the company.
Tesla, along with the rest of the auto industry, has also been affected by widespread parts shortages and inflation. Critical components such as semiconductors remain in short supply, and the prices of raw materials such as nickel and aluminum have increased following Russia’s invasion of Ukraine in February. In the US, Tesla has kept customers waiting for months before filling their car orders.
Tesla CEO Elon Musk in mid-March warned of inflationary pressures on their business and raised the prices of their autos in both the US and China.
– CNBC’s Jordan Novet contributed to this report.
