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On Monday evening, Tesla announced its production and delivery figures for Q4 2022 and the year as a whole. It was another record quarter for the American automaker, which built 439,701 electric vehicles and delivered 405,278.
The vast majority of these were split between Models 3 and Y – 419,088 of these were built and 388,131 found customers, with only 20,613 Models S and X leaving the production line and only 17,147 of those finding homes.
That brings the automaker to a total of 1,369,611 EVs built and 1,313,851 EVs delivered in 2022. Again, the Models 3 and Y made up the lion’s share: Tesla built 1,298,434 of these EVs and delivered 1,247,146 in 2022. Models S and X accounted for Last year 71,177 cars were built and 66,705 cars were delivered.
That represents a 47 percent year-over-year increase in production and a 40 percent increase in shipments over the same period, Tesla says.
Unfortunately, that’s not good enough for Wall Street. Tesla had told investors to expect 50 percent year-over-year growth for deliveries, and as a result, the company’s share price — which lost more than 70 percent of its value by 2022 — fell even further when trading began and is already dropped more than 8 percent. percent as of press time.
The failure to meet the delivery target happened even after Tesla heavily discounted its EVs at a time when most other EVs were sold out and often subject to dealer markups.
At the end of January, Tesla will publish its financial results for the year.
