In the fourth quarter, Tesla produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million.
The delivered vehicle’s number is a record for the EV company but came below the analyst’s expectations of 420,760. The Model S/X deliveries were 17,147 also below the forecasts of 18,577.
The model 3/Y deliveries reported at 388,131 below the expectations of 405,597
The company notes that continues the transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the quarter.
Tesla thanks all the customers, employees, suppliers, shareholders and supporters who helped the company achieve a great 2022 in light of significant COVID and supply chain-related challenges throughout the year.
|Production||Deliveries||Subject to operating lease|
Stocks, Crypto, Forex and Commodities Breaking News. The latest news and analysis on metals, energy, and agriculture. Live news about gold, silver, copper, platinum, natural gas, crude oil, wheat, soybeans, rice coffee, sugar, cocoa, lumber and cotton.