Posted on

Tesla delivers record number of EVs in ‘exceptionally’ difficult quarter



Share

Tesla reported Saturday that it delivered more than 305,000 electric vehicles in the first quarter, a record-breaking figure that was inline with analyst expectations even as production suffered due to supply chain constraints and COVID-related factory shutdowns.
“This was an exceptionally difficult quarter due to supply chain interruptions & China zero Covid policy,” CEO Elon Musk tweeted Saturday. “Outstanding work by Tesla team & key suppliers saved the day.”
Tesla reported that it produced 305,407 vehicles and delivered 310,048 vehicles in the first quarter. The vast majority of vehicles produced and delivered were Model Y and Model 3 vehicles. Tesla delivered 295,324 Model Y and Model 3 vehicles. It delivered 14,724 Model S and Model X vehicles.
The delivery figures were in line or beat analysts expectation depending on the polled group. Analysts surveyed by Refinitiv showed expectations of 308,836 vehicle deliveries whil …

Read More