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Tesla misses 2022 Q4 target, share price drops further

Posted on January 3, 2023 by Xordac Prime
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 factory outside Berlin, Germany, in 2022. (credit: Sean Gallup/Getty Images)

On Monday evening, Tesla revealed its production and delivery numbers 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 those were built and 388,131 found customers, with just 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. The Models S and X accounted for 71,177 cars built and 66,705 cars delivered last year.

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Source: Ars Technica – Tesla misses 2022 Q4 target, share price drops further

This entry was posted in Ars Technica, Unfiltered RSS and tagged Ars Technica by Xordac Prime. Bookmark the permalink.
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