Daily Management Review

Tesla production and shipments decline in Q2


Although American electric car manufacturer Tesla boosted production and shipments of automobiles in the second quarter of 2022 compared to the same period in 2021, the results compared to the prior quarter were down.

Duncan Rawlinson - Duncan.co
Duncan Rawlinson - Duncan.co
In April through June, Tesla produced 258,580 cars, up 25.3 percent year over year, with a quarterly fall of 15.3 percent. Only 16,411 Model S and X vehicles were produced, a sevenfold increase year over year and a 15.4% quarter over quarter. In the meantime, 242,169 Model 3 and Y vehicles were assembled (up 18.7 percent year over year and down 16.8 percent quarter over quarter).

Deliveries were 254,695 cars for the three months under consideration, up 26.6 percent year over year but down 17.9 percent sequentially. Deliveries of the Model S and X climbed by 9.8% quarterly to 16,162 vehicles, an increase of 8.6 times over the previous year. Delivery of the Model 3 and Y increased by 19.6% over the previous year and decreased by 19.2% over the previous three months, totaling 238.533 vehicles.

The output figure for June was the greatest monthly value for the company, despite supply chain disruptions and plant closures.

source: cnn.com