Tesla (TSLA) Q3 2022 car shipment and production numbers

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Tesla (TSLA) Q3 2022 vehicle delivery and production numbers

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A Tesla Model Y on display screen inside a Tesla shop at the Westfield Culver City shopping center in Culver City, California, U.S., on Thursday, April 14, 2022.

Bing Guan|Bloomberg|Getty Images

Electric car makers Tesla simply published third-quarter car production and shipment numbers for2022 Here are the numbers:

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

Deliveries are the closest approximation of sales reported by Tesla, and they disappointed experts’ expectations 364,660 lorries, according to quotes put together by FactSet-owned Street Account.

Tesla likewise stated in its report the business produced 19,935 of its greater priced Model S and X lorries, and 345,988 of its more popular Model 3 and Y lorries throughout Q3.

Total production increased from the previous quarter of 2022, when Tesla stated it made 258,580 lorries.

During the year-ago quarter, Tesla reported shipments of 254,695 lorries, which it had actually produced 237,823 vehicles consisting of simply 8,941 Model S and X lorries, which are the business’s more pricey sedan and SUV with falcon-wing doors, respectively.

In the 3rd quarter of 2022, Tesla dealt with skyrocketing product rates, executive turnover (with the significant departure of AI leader Andrej Karpathy in July) and growing discomforts at its brand-new factories in Germany and Texas.

Tesla has not traditionally divulged its car production and shipment numbers by area.

In July this year, Tesla needed to suspend the majority of its Shanghai factory production briefly to make upgrades to the plant. By the month of August, nevertheless, the business’s production and shipment in China had actually rebounded, according to China Passenger Car Association information.

In the U.S., at the end of the 2nd quarter, Tesla laid off a whole AI workplace and made other headcount cuts. Musk likewise mandated that all Tesla staff members need to operate at a Tesla workplace a minimum of 40 hours weekly, even if they were formerly permitted to work from another location.

After that, some staff members were dismissed and others picked to resign, while those who went back to the workplace discovered over-crowded conditions that continued through the third-quarter, making it tough to get work done usually at a few of the business centers, including its very first U.S. vehicle factory in Fremont, California, and battery plant beyond Reno, Nevada.

By September, executives speaking at an all-hands conference with staff members at the Nevada Gigafactory were commemorating brand-new production records, and admiring staff members’ effort.

As CNBC formerly reported, Tesla officers stated at that time August had actually been a record month for the Fremont factory in regards to production, which Tesla’s fairly brand-new factory in Austin, Texas, had actually struck a 1,000 vehicles per-week production rate on a 7 day rolling basis, an appealing turning point.