HomeBusinessTesla TSLA Q4 2022 vehicle delivery and production numbers

Tesla TSLA Q4 2022 vehicle delivery and production numbers

only tesla Fourth quarter vehicle production announced Delivery report for 2022.

Key numbers are:

Total deliveries in Q4 2022: 405,278
Total production in Q4 2022: 439,701 units
Total annual shipments in 2022: 1.31 million units
Total annual production volume in 2022: 1.37 million units

Deliveries are the closest approximation to Tesla’s disclosed revenue. These numbers represent a new record for the automaker led by Elon Musk and his 40% growth. Ships year-on-year.

However, fourth quarter numbers fell short of analyst expectations.

As of Dec. 31, 2022, Wall Street expected Tesla to report about 427,000 deliveries in the final quarter of the year, according to a consensus of analyst estimates compiled by FactSet. The estimates updated in December and included in the FactSet consensus ranged from 409,000 to 433,000.

These more recent estimates are in line with the company-composed consensus distributed by Martin Viecha, Tesla’s vice president of investor relations.That consensus announced by researchers in the electric vehicle industry @TroyTeslike says 24 sell-side analysts We expect to ship approximately 417,957 Teslas on average for the quarter (approximately 1.33 million shipments for the full year).

Tesla began production this year at two new factories in Austin, Texas and Brandenburg, Germany, and expanded production in Fremont, Calif., and Shanghai, but did not disclose production and deliveries by region. Hmm.

Sales of the entry-level Model 3 sedan and Model Y crossover reached 388,131 units, while sales of the high-end Model S sedan and Model X SUV reached 17,147 units, according to Tesla’s announcement for the fourth quarter of 2022. .

in the third quarter Shareholder presentation, Tesla wrote: “

The period to December 31, 2022 has been challenging for Tesla, including the Covid outbreak in China, which has forced the company to temporarily suspend its activities and reduce production at the Shanghai factory.

Tesla Makes Short-Term Offers During Q4 price cut We have other promotions in the US, China, and elsewhere to drive demand.

recently email tesla Elon Musk has asked his employees to “volunteer” to get as many cars as possible to customers by the end of 2022. madness.”

shares of Tesla It has plunged more than 45% in the last six months.

in December, Several Analysts expressed concern weakening demand Tesla’s electric vehicles are relatively expensive compared to competitors’ hybrid offerings and the rise of fully electric vehicles.

From Industry Veterans to Competitors ford When GM rise in the world RivianTesla is ready enjoy the benefits of Biden’s Inflation Reduction Act this year includes incentives for domestic production and purchase of fully electric vehicles.

Retail shareholders and analysts believe that the so-called “Twitter overhang” is partly to blame for Tesla’s stock price decline in 2022.

Musk last year sold billions of dollars worth of Tesla stock and leveraged a buyout of social media business Twitter. The deal he completed in late October. Musk has sparked controversy by appointing himself CEO of his Twitter and making drastic changes to the company and its social his media platform.

Tesla’s stock will start rising again at the end of December 2022. It expects record fourth quarter and full year deliveries.

Correction: This article has been updated to reflect the correct number of Model 3 and Model Y, and Model S and Model X for Q4 2022.



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