Don’t miss the latest developments in business and finance.

Tesla delivers 310,000 vehicles despite 'exceptionally difficult quarter'

Tesla said the Model 3 and Y made up 295,324 of these deliveries, while 14,724 were for the Model S and X, reports The Verge.

Tesla
Photo: Bloomberg
IANS San Francisco
2 min read Last Updated : Apr 03 2022 | 12:32 PM IST

Electric vehicle company Tesla delivered 310,048 vehicles in the first quarter of 2022, despite what CEO Elon Musk says was an "exceptionally difficult quarter", citing global supply chain issues and a brief closure at Tesla's Shanghai factory.

Tesla said the Model 3 and Y made up 295,324 of these deliveries, while 14,724 were for the Model S and X, reports The Verge.

"This was an exceptionally difficult quarter due to supply chain interruptions and China zero Covid policy. Outstanding work by Tesla team and key suppliers saved the day," Musk wrote in a tweet.

Deliveries increased slightly from the previous quarter's 308,600 deliveries and outpaced the 184,800 shipments Tesla made in the first quarter, representing a 68 percent year-over-year increase.

On the production side of things, Tesla managed to build a total of 305,407 vehicles.

Last month, Tesla shuttered its Shanghai factory for two days amid a spike in Covid-19 cases and closed the factory once again last week as Shanghai continues to grapple with a city-wide lockdown.

Also Read

The Shanghai plant is the company's largest, producing both Model 3s and Model Ys.

Tesla recently opened its first European factory in Berlin, Germany, and is holding a "cyber rodeo" to celebrate the grand opening of its Austin, Texas Gigafactory on April 7, both of which could help offset production issues caused by the Covid-related lockdowns in Shanghai.

--IANS

vc/ksk/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

Topics :Elon MuskTeslaCarmakers

First Published: Apr 03 2022 | 12:32 PM IST

Next Story