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Tesla delivers 310,048 electric vehicles in the first quarter

Prospects expertise new power electrical automobiles at a Tesla retailer in Shanghai, China, On December 4, 2021.
Future Publishing | Future Publishing | Getty Photos

Tesla simply reported first-quarter automobile manufacturing and supply numbers for 2022.

Here is how they did.

Electrical automobile deliveries (complete): 310,048

Electrical automobile manufacturing (complete): 305,407

Over the identical interval final 12 months, Tesla delivered 184,800 electrical automobiles and produced 180,338 vehicles.

Analysts anticipated deliveries of 317,000 automobiles for the primary three months of 2022, based on estimates compiled by FactSet as of March 31. The estimates ranged from a low of 278,000 automobile deliveries to a excessive of 357,000.

Deliveries are the closest approximation to gross sales numbers reported by Tesla.

The corporate not too long ago opened a brand new manufacturing facility in Brandenburg, Germany, and had a ribbon-cutting ceremony on March 22. Tesla additionally plans to host a grand opening and “cyber rodeo” occasion on April 7, at one other new automobile meeting plant it is constructing in Austin, Texas.

Tesla moved its headquarters to Austin formally as of Dec. 1, however nonetheless operates its first electrical automobile manufacturing facility in Fremont, California.

Globally, Tesla’s operations in the course of the quarter, which ended March 31, have been weighed down by a Covid surge and new well being restrictions in China, requiring short-term manufacturing halts at its Shanghai plant. Within the fourth quarter, Tesla delivered 308,600 EVs, marking a file for the corporate. 

Tesla, together with the remainder of the auto trade, has additionally been damage by widespread elements shortages, and inflation. Important elements like semiconductors stay briefly provide, and costs have elevated for uncooked supplies like nickel and aluminum after Russia launched an invasion of Ukraine in February. Within the U.S., Tesla has been leaving clients ready for months earlier than filling their automobile orders.

Tesla CEO Elon Musk warned in mid-March of inflationary pressures on the enterprise, and hiked the costs of its vehicles in each the U.S. and China.

—CNBC’s Jordan Novet contributed to this report.

WATCH: Tesla’s inventory cut up reveals confidence within the firm

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