Tesla (TSLA) Q3 2022 vehicle delivery and production numbers

A Tesla Model Y on show inside a Tesla retailer on the Westfield Culver City shopping center in Culver City, California, U.S., on Thursday, April 14, 2022.

Bing Guan | Bloomberg | Getty Images

Electric vehicle makers Tesla simply posted third-quarter vehicle production and delivery numbers for 2022. Here are the numbers:

  • Total deliveries Q3 2022: 343,000
  • Total production Q3 2022: 365,000

Deliveries are the closest approximation of gross sales reported by Tesla, and they fell in need of analysts’ expectations 364,660 automobiles, in line with estimates compiled by FactSet-owned Street Account.

Tesla additionally stated in its report the corporate produced 19,935 of its larger priced Model S and X automobiles, and 345,988 of its extra in style Model 3 and Y automobiles throughout Q3.

Total production elevated from the prior quarter of 2022, when Tesla stated it made 258,580 automobiles.

During the year-ago quarter, Tesla reported deliveries of 254,695 automobiles, and that it had produced 237,823 automobiles together with simply 8,941 Model S and X automobiles, that are the corporate’s dearer sedan and SUV with falcon-wing doorways, respectively.

In the third quarter of 2022, Tesla confronted hovering commodity costs, govt turnover (with the notable departure of AI chief Andrej Karpathy in July) and rising pains at its new factories in Germany and Texas.

Tesla has not traditionally disclosed its vehicle production and delivery numbers by area.

In July this yr, Tesla needed to droop most of its Shanghai manufacturing facility production quickly to make upgrades to the plant. By the month of August, nonetheless, the corporate’s production and deliveries in China had rebounded, in line with China Passenger Car Association knowledge.

In the U.S., on the finish of the second quarter, Tesla laid off a whole AI workplace and made different headcount cuts. Musk additionally mandated that every one Tesla staff ought to work at a Tesla workplace no less than 40 hours per week, even when they have been beforehand allowed to work remotely.

After that, some staff have been dismissed and others selected to resign, whereas those that returned to the workplace discovered over-crowded situations that endured by means of the third-quarter, making it arduous to get work completed usually at a number of the firms services, together with its first U.S. automobile manufacturing facility in Fremont, California, and battery plant outdoors of Reno, Nevada.

By September, executives talking at an all-hands assembly with staff on the Nevada Gigafactory have been celebrating new production data, and lauding staff’ arduous work.

As CNBC beforehand reported, Tesla execs stated at the moment August had been a report month for the Fremont manufacturing facility when it comes to production, and that Tesla’s comparatively new manufacturing facility in Austin, Texas, had hit a 1,000 automobiles per-week production charge on a seven day rolling foundation, a promising milestone.

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