April 13, 2024
Newly completed Tesla Model Y electric cars stand at the new Tesla Gigafactory electric car manufacturing plant on March 21, 2022 near Gruenheide, Germany.
Enlarge / Tesla opened a manufacturing facility exterior Berlin, Germany, in 2022.

Sean Gallup/Getty Photographs

On Monday night, Tesla revealed its manufacturing and supply numbers for This fall 2022 and the yr as a complete. It was one other document quarter for the American automaker, which constructed 439,701 electrical autos and delivered 405,278.

The overwhelming majority of those have been break up between Fashions 3 and Y—419,088 of these have been constructed and 388,131 discovered clients, with simply 20,613 Fashions S and X leaving the manufacturing line and solely 17,147 of these discovering houses.

That brings the automaker to a complete of 1,369,611 EVs constructed and 1,313,851 EVs delivered in 2022. Once more, the Fashions 3 and Y made up the lion’s share: Tesla constructed 1,298,434 of those EVs and delivered 1,247,146 in 2022. The Fashions S and X accounted for 71,177 automobiles constructed and 66,705 automobiles delivered final yr.

That represents a 47 % enhance in manufacturing yr on yr and a 40 % enhance in deliveries over the identical time interval, Tesla says.

Sadly, that is not fairly adequate for Wall Avenue. Tesla had instructed buyers to count on 50 % development yr on yr for deliveries, and in consequence, the corporate’s share worth—which misplaced greater than 70 % of its worth throughout 2022—dropped even additional when buying and selling started and is already down greater than 8 % as of press time.

The failure to fulfill the supply goal occurred even after Tesla heavily discounted its EVs at a time when most different EVs are offered out and infrequently topic to supplier markups.

Tesla will launch its monetary outcomes for the yr on the finish of January.