A Tesla Model Y on display at a Tesla store at Westfield Culver City Shopping Center in Culver City, California, United States on Thursday, April 14, 2022
Bing Guan | Bloomberg | Getty Images
The electric vehicle manufacturer Tesla has just published the vehicle production and delivery figures for the third quarter of 2022. Here are the numbers:
- Total deliveries Q3 2022: 343,000
- Total production Q3 2022: 365,000
Deliveries are the closest approximation of Tesla’s reported sales, and they fell short of analysts’ expectations, 364,660 vehicles, according to estimates compiled by FactSet-owned Street Account.
Tesla also said in its report that the company produced 19,935 its higher-priced Model S and X and 345,988 of its more popular Model 3 and Y in the third quarter.
Total production increased from the previous quarter in 2022, when Tesla said it made 258,580 vehicles.
In the year-ago quarter, Tesla reported deliveries of 254,695 vehicles and that it had produced 237,823 cars, including just 8,941 Models S and X, the company’s pricier sedans and SUVs with hawk-wing doors.
In the third quarter of 2022, Tesla faced rising commodity prices, executive turnover (with the notable departure of AI leader Andrej Karpathy in July) and growing pains at its new factories in Germany and Texas.
Tesla has not disclosed its vehicle production and delivery figures by region in the past.
In July of this year, Tesla had to temporarily halt most of its Shanghai factory production to carry out upgrades at the plant. However, by the month of August, the company’s production and deliveries in China had recovered, according to the China Passenger Car Association.
In the US, Tesla laid off an entire AI office late in the second quarter and made further staff cuts. Musk also called for all Tesla employees to work at least 40 hours a week in a Tesla office, even if they were previously allowed to work remotely.
After that, some employees were laid off and others decided to quit, while those who returned to the office found overcrowded conditions that lasted through the third quarter, making it difficult to get work done normally at some of the company’s facilities, including its own first US auto plant in Fremont, California and battery plant outside of Reno, Nevada.
In September, at a meeting with all employees at the Nevada Gigafactory, executives celebrated new production records and praised the employees’ hard work.
As CNBC previously reported, Tesla executives said August was a record month for the Fremont factory in terms of production, and that Tesla’s relatively new Austin, Texas factory reached a production rate of 1,000 cars per week on seven Daily basis, a promising milestone.
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