Tesla TSLA Q1 2022 Automobile Manufacturing and Supply Numbers


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

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Tesla reported first quarter automobile manufacturing and supply numbers for 2022.

This is how they did it.

Electrical Automobile Supply (Whole): 310,048

Electrical Automobile Manufacturing (Whole): 305,407

In the identical interval final yr, Tesla delivered 184,800 electrical automobiles and produced 180,338 automobiles.

In keeping with Tesla, Mannequin 3 and Mannequin Y automobiles accounted for 95% or 295,324 deliveries within the first quarter of 2022.

The corporate produced 4,641 fewer automobiles than it delivered in the course of the quarter, citing “ongoing provide chain challenges and manufacturing unit closures”.

Analysts had anticipated deliveries of 317,000 automobiles for the primary three months of 2022, in accordance with estimates compiled by FactSet as of March 31. Estimates ranged from the supply of 278,000 automobiles to a excessive of 357,000.

Supply is the closest approximation to the gross sales numbers reported by Tesla.

The corporate just lately opened a brand new manufacturing unit in Brandenburg, Germany and held a ribbon reducing ceremony on 22 March. Tesla plans to host a grand opening and “cyber rodeo” occasion at one other new automobile meeting plant on April 7. Austin, Texas.

Tesla formally moved its headquarters to Austin on December 1, however nonetheless operates its first electrical automobile manufacturing unit in Fremont, Calif.

Learn extra about electrical automobiles from CNBC Professional

Globally, Tesla’s operations in the course of the quarter ended March 31 had been weighed down by a COVID surge in China and new well being restrictions that necessitated a brief manufacturing halt at its Shanghai plant. Within the fourth quarter, Tesla delivered 308,600 EVs, a report for the corporate.

Tesla, together with the remainder of the auto business, has additionally been harm by widespread components shortages and inflation. Essential parts equivalent to semiconductors stay in brief provide, and costs of uncooked supplies equivalent to nickel and aluminum have risen after Russia launched an invasion of Ukraine in February. Within the US, Tesla has been making prospects anticipate months earlier than filling orders for its automobile.

Tesla CEO Elon Musk warned of inflationary stress on enterprise in mid-March, and hiked the costs of his automobiles in each the US and China.

—CNBC’s Jordan Novett contributed to this report.

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