Tesla (TSLA) Q3 2022 Vehicle Delivery & Production Figures

Electric car makers Tesla Just published the vehicle production and delivery numbers for the third quarter of 2022. Here are the numbers:

• Total Q3 2022 deliveries: 343000
• Total production Q3 2022: 365,000

The deliveries are the closest approximation of sales reported by Tesla, and did not live up to analysts’ expectations of 364,660 vehicles, according to estimates compiled by FactSet Street Account.

Tesla also said in its report that the company produced 19,335 of its most expensive Model S and X cars, and 345,988 of its most popular Model 3 and Y cars during the third quarter.

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

During the quarter last year, Tesla reported 254,695 vehicles delivered, and it produced 237,823 vehicles including just 8,941 Model S and Xs, the company’s most expensive sedans and SUVs with hawk-wing doors, on straight.

In the third quarter of 2022, Tesla faced a sharp rise in commodity prices, executive turnover (with the notable departure of the AI ​​leader) Andre Carpathy in July) and growing pains at its new plants in Germany and Texas.

Tesla has historically not released vehicle production and delivery numbers by region.

in July This year, Tesla had to temporarily suspend most production of its Shanghai plant to make plant upgrades. by month AugustHowever, the company’s production and deliveries in China have rebounded, according to data from the China Passenger Car Association.

In the United States, at the end of the second quarter, Tesla laid off an entire artificial intelligence office and made further cuts in the number of employees. musk too authorized To all Tesla employees Working in a Tesla office At least 40 hours per week, even if they were previously allowed to work remotely.

After that, some employees were fired and others chose to resign, while those who did return to the office found crowded conditions that continued through the third quarter, making it difficult to get work done normally at some corporate facilities, including the first US auto plant in Fremont. , California, and a battery plant outside of Reno, Nevada.

By September, executives speaking at a comprehensive meeting with employees at the Nevada Gigafactory were celebrating new production records, and praising the employees’ hard work.

as such CNBC previously reportedAugust was a record month for the Fremont plant in terms of production, Tesla officials said at the time, and that Tesla’s relatively new plant in Austin, Texas, which had averaged 1,000 vehicles per week on a seven-day basis, was a promising milestone.