May 25, 2022

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310,000 cars were delivered in the first quarter

310,000 cars were delivered in the first quarter

Tesla gave one Saturday night the taste About what awaits us in the company’s first quarter report. The quarterly report will be presented on April 20, after US stock exchanges close.

The company produced 305,407 electric vehicles in the quarter, broken down into 291,189 Model 3 and Y, as well as 14,218 Model S and X vehicles. The company also delivered 310,048 vehicles in the quarter, with Model 3 and Y accounting for 95 percent of delivery.

Consequently, the company produced 4,641 fewer cars than was delivered in the quarter, which is justified by the “ongoing disruptions in supply chains as well as factory closures”.

According to CNBC, analysts expected Tesla to deliver 317,000 vehicles in the quarter. By comparison, Tesla produced 180,338 and delivered 184,800 vehicles in the same quarter last year.

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CNBC He writes that globally, Tesla’s operations in the quarter were affected by the outbreak of the novel coronavirus in China, with accompanying production shutdowns at the company’s factory in Shanghai. The rest of the auto industry has recently been hit by component shortages and inflation.

“This has been an exceptionally challenging quarter, due to disruptions to supply chains, and to China zero covid policyTesla CEO Elon Musk wrote in a Twitter message on Saturday.

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