Tesla (TSLA) Q3 2022 vehicle delivery and production numbers

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A Tesla Model Y on display at a Tesla store in the Westfield Culver City mall in Culver City, California, US, on Thursday, April 14, 2022.

Bing Guan | Bloomberg | Getty Images

Tesla electric vehicle manufacturers have just released third-quarter production and delivery numbers for 2022. Here are the numbers:

  • Total deliveries Q3 2022: 343,000
  • Total production Q3 2022: 365,000

Deliveries are the closest approximation to Tesla’s reported sales, and they fell short of analyst expectations of 364,660 vehicles, according to estimates compiled by Street Account, owned by FactSet.

Tesla also said in its report that the company had 19,935 . produced of its more expensive Model S and X vehicles and 345,988 of its more popular Model 3 and Y vehicles during Q3.

Total production rose from the previous quarter of 2022, when Tesla said it was making 258,580 vehicles.

During the quarter of last year, Tesla reported deliveries of 254,695 vehicles and had produced 237,823 cars, including just 8,941 Model S and X vehicles, the company’s more expensive sedan and SUV with gull-wing doors, respectively.

In the third quarter of 2022, Tesla faced rising commodity prices, employee turnover (with the notable departure of AI leader Andrej Karpathy in July), and growing pains at its new factories in Germany and Texas.

Tesla has not disclosed its vehicle production and delivery numbers by region in the past.

In July of this year, Tesla had to temporarily halt most of its factory production in Shanghai to make factory upgrades. By August, however, the company’s production and deliveries in China had recovered, according to data from the China Passenger Car Association.

In the US, Tesla fired an entire AI office at the end of the second quarter and made other staff cuts. Musk has also stipulated that all Tesla employees must work at least 40 hours a week in a Tesla office, even if they were previously allowed to work remotely.

Thereafter, some employees were laid off and others chose to resign, while those returning to the office found crowded conditions that continued into the third quarter, making it difficult to get normal work done in some of the company facilities, including the first. American car factory in Fremont, California, and battery factory outside Reno, Nevada.

In September, executives at a meeting with all Nevada Gigafactory employees celebrated new production records and praised the employees’ hard work.

As CNBC previously reported, Tesla executives said August was a record month for the Fremont plant in terms of production, and that Tesla’s relatively new plant in Austin, Texas, had reached a production rate of 1,000 cars per week in a seven-day period. rolling base, a promising milestone.

The Valley Voice
The Valley Voicehttp://thevalleyvoice.org
Christopher Brito is a social media producer and trending writer for The Valley Voice, with a focus on sports and stories related to race and culture.

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