Tesla once again defied naysayers and critics in Q1 2022. Tesla delivery numbers were incredibly high, with the company claiming to have manufactured more than 305,000 vehicles and delivering over 310,000 in the first quarter of this year while grappling with supply chain issues and factory closures.
Tesla delivery numbers Q1 2022
Tesla will post its financial results for the first quarter of that year on April 20, 2022, which is 69 days before Elon Musk‘s birthday. On April 20, 2022, at 4:30 PM Central Standard Time, Tesla will host its live Q1 2022 financial results and Q&A webcast.
Production | Deliveries | Subject to operating lease accounting | |
Model S/X | 14,218 | 14,724 | 17% |
Model 3/Y | 291,189 | 295,324 | 3% |
Total | 305,407 | 310,048 | 4% |
Tesla delivery numbers were high and the company produced a record number of vehicles in Q1, with more than 300,000 cars being manufactured and sent to customers. Tesla delivered a total of 295,324 Model 3 and Y automobiles during the quarter. Tesla produced 14,218 Model S and X vehicles and delivered 14,724. The total number of cars manufactured was 305,407.
Analysts were in doubt before Tesla delivery numbers were released
In January 2022, a Wells Fargo auto analyst named Colin Langan said he was shy of Tesla’s prediction of 50% growth:
“I’m a bit shy of their forecast of 50% growth. I think it’s gonna be tough by the second half of the year. It honestly may not even be tested if there might not be an up semi supply for them to deliver 50% growth.”
According to Mr. Langan, because he was doubtful that Tesla could actually sell cars, his model mirrored this belief. Morgan Stanley was a little concerned, especially about Giga Berlin. However, once again, Tesla has proven itself and will have four factories all around the world producing only electric automobiles after Giga Austin begins production.
In 2021, Matt Pressman expected Tesla to have a great 2022. According to Bill Selensky of Argus Research, this would be a better year for Tesla than 2021, and he emphasized Tesla’s capacity to withstand the supply chain crisis better than its competition. He predicted that by 2027, Tesla will hold the largest market share.
The first three months of the year are frequently the weakest. For Tesla, Q1 2022 was a fantastic quarter. It will be interesting to see how Tesla’s remaining months pan out.