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Tesla (TSLA) Q3 2022 vehicle delivery and production numbers

Jeff Lincoln October 2, 2022

A Tesla Product Y on display within a Tesla keep at the Westfield Culver City purchasing shopping mall in Culver Metropolis, California, U.S., on Thursday, April 14, 2022.

Bing Guan | Bloomberg | Getty Illustrations or photos

Electric powered car or truck makers Tesla just posted third-quarter car output and shipping and delivery numbers for 2022. Here are the numbers:

  • Overall deliveries Q3 2022: 343,000
  • Full production Q3 2022: 365,000

Deliveries are the closest approximation of income noted by Tesla, and they fell limited of analysts’ expectations 364,660 vehicles, according to estimates compiled by FactSet-owned Street Account.

New or used, car prices climb as inventory dips this springRead more

Tesla also said in its report the organization generated 19,935 of its bigger priced Model S and X vehicles, and 345,988 of its additional well-liked Product 3 and Y motor vehicles throughout Q3.

Total output improved from the prior quarter of 2022, when Tesla mentioned it built 258,580 motor vehicles.

All through the year-back quarter, Tesla noted deliveries of 254,695 automobiles, and that it experienced manufactured 237,823 automobiles such as just 8,941 Product S and X vehicles, which are the company’s additional highly-priced sedan and SUV with falcon-wing doorways, respectively.

In the third quarter of 2022, Tesla confronted soaring commodity selling prices, government turnover (with the notable departure of AI leader Andrej Karpathy in July) and rising pains at its new factories in Germany and Texas.

Tesla has not historically disclosed its car generation and shipping figures by region.

In July this yr, Tesla experienced to suspend most of its Shanghai factory generation quickly to make upgrades to the plant. By the month of August, even so, the firm’s creation and deliveries in China experienced rebounded, according to China Passenger Auto Affiliation knowledge.

In the U.S., at the close of the 2nd quarter, Tesla laid off an entire AI place of work and designed other headcount cuts. Musk also mandated that all Tesla personnel should really operate at a Tesla place of work at least 40 hours for every 7 days, even if they had been earlier permitted to get the job done remotely.

Right after that, some employees were being dismissed and other folks chose to resign, although people who returned to the workplace found about-crowded problems that persisted as a result of the 3rd-quarter, generating it tough to get operate carried out normally at some of the firms facilities, which includes its initial U.S. auto manufacturing unit in Fremont, California, and battery plant outdoors of Reno, Nevada.

By September, executives talking at an all-hands meeting with staff members at the Nevada Gigafactory ended up celebrating new creation data, and lauding employees’ tricky operate.

As CNBC previously documented, Tesla execs explained at that time August had been a document thirty day period for the Fremont manufacturing facility in phrases of creation, and that Tesla’s somewhat new manufacturing facility in Austin, Texas, had hit a 1,000 autos per-7 days generation price on a seven working day rolling basis, a promising milestone.

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Jeff Lincoln

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