Electric vehicle leader Tesla Inc TSLA reported production and delivery figures for the fourth quarter of 2022 on Jan. 2, 2023.
With the latest report, here is a look at how many vehicles Tesla delivered and produced in each quarter dating back to 2019.
Tesla’s 2022 Deliveries: Tesla reported a record 405,278 vehicles delivered for the fourth quarter of 2022. The company also posted a record 439,701 vehicles produced in the fourth quarter.
The delivery totals were made up of 17,147 Model S and Model X and 388,131 Model 3 and Model Y. Production totals were 20,613 Model S and Model X and 419,088 Model 3 and Model Y.
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For the full 2022 year, Tesla reported deliveries of 1,313,851 and production of 1,369,611.
The 2022 year saw strong figures from Tesla with only the second quarter coming in under 300,000 units produced and delivered for the year, due to supply chain issues and factory shutdowns.
Tesla opened its Gigafactory in Berlin in the first quarter and the Gigafactory in Austin, Texas opened in the second quarter. The two factories are expected to help the company boost production and also expand to new vehicle production in the future.
The 1.3 million vehicles produced set a record for Tesla, but also came in shy of its goal of 1.5 million vehicles produced for 2022. The company’s goal going forward is two million vehicles produced annually.
Tesla will report fourth-quarter earnings after market close on Jan. 25, likely with more color on guidance for 2023.
Related Link: Why This Tesla Analyst Is Lowering Their Price Target After Q4 Delivery Miss
Tesla Production Numbers By Quarter: Here’s a look at how Tesla has fared in producing vehicles each quarter dating back to 2019:
Q1 2019: 77,138
Q2 2019: 87,048
Q3 2019: 96,155
Q4 2019: 104,891
Q1 2020: 102,672
Q2 2020: 82,272
Q3 2020: 145,063
Q4 2020: 179,757
Q1 2021: 180,338
Q2 2021: 206,421
Q3 2021: 237,823
Q4 2021: 305,840
Q1 2022: 305,407
Q2 2022: 258,580
Q3 2022: 365,923
Q4 2022: 439,701
Tesla Vehicle Deliveries By Quarter: Here’s a look at how Tesla has fared in deliveries of vehicles in each quarter dating back to 2019:
Q1 2019: 63,019
Q2 2019: 95,356
Q3 2019: 971,86
Q4 2019: 112,095
Q1 2020: 88,496
Q2 2020: 90,891
Q3 2020: 139,593
Q4 2020: 180,667
Q1 2021: 184,877
Q2 2021: 201,304
Q3 2021: 241,391
Q4 2021: 308,650
Q1 2022: 310,048
Q2 2022: 254,695
Q3 2022: 343,830
Q4 2022: 405,278
Key Takeaways: A quick look at the figures shows production has increased in each sequential quarter with the exception of two quarters in 2020 during the COVID-19 pandemic with lockdowns and factory restrictions, as well as the first and second quarters of 2022, which were also affected by COVID-19 lockdowns in China.
Deliveries have also grown in each quarter, with the exception of two quarters in 2020 during the COVID-19 pandemic and the second quarter of 2022, hurt by factory shutdowns and production numbers.
The data showed Tesla continued to expand its production capabilities and was continuing to see increased demand from consumers, a trend investors hope will continue.
TSLA Price Action: Tesla was down 12.24% at $108.10 at market close Tuesday.
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Photo: Courtesy Tesla
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