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Tesla TSLA Q1 2022 Automobile Manufacturing and Supply Numbers


Prospects expertise new power electrical automobiles at a Tesla retailer in Shanghai, China, On December 4, 2021.

Future Publishing | Future Publishing | Getty Photographs

Tesla simply reported first-quarter vehicle production and delivery numbers for 2022.

This is how they did.

Electrical car deliveries (complete): 310,048

Electrical car manufacturing (complete): 305,407

Over the same period last year, Tesla delivered 184,800 electrical automobiles and produced 180,338 vehicles.

Analysts anticipated deliveries of 317,000 automobiles for the primary three months of 2022, in line with estimates compiled by FactSet as of March 31. The estimates ranged from a low of 278,000 car deliveries to a excessive of 357,000.

Deliveries are the closest approximation to gross sales numbers reported by Tesla.

The corporate lately opened a brand new manufacturing facility in Brandenburg, Germany, and had a ribbon-cutting ceremony on March 22. Tesla additionally plans to host a grand opening and “cyber rodeo” occasion on April 7, at one other new car meeting plant it is constructing in Austin, Texas.

Tesla moved its headquarters to Austin formally as of Dec. 1, however nonetheless operates its first electrical automotive manufacturing facility in Fremont, California.

Globally, Tesla’s operations through the quarter, which ended March 31, had been weighed down by a Covid surge and new well being restrictions in China, requiring momentary manufacturing halts at its Shanghai plant. Within the fourth quarter, Tesla delivered 308,600 EVs, marking a document for the corporate. 

Tesla, together with the remainder of the auto trade, has additionally been damage by widespread elements shortages, and inflation. Vital elements like semiconductors stay briefly provide, and costs have elevated for uncooked supplies like nickel and aluminum after Russia launched an invasion of Ukraine in February. Within the U.S., Tesla has been leaving clients ready for months earlier than filling their automotive orders.

Tesla CEO Elon Musk warned in mid-March of inflationary pressures on the enterprise, and hiked the costs of its vehicles in each the U.S. and China.

—CNBC’s Jordan Novet contributed to this report.

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