A Tesla Model Y on display at a Tesla store at the Westfield Culver City mall in Culver City, California, U.S., Thursday, April 14, 2022.
Bing Guan | Bloomberg | Getty Images
Electric car manufacturers Tesla have just released figures for vehicle production and delivery in the third quarter of 2022. Here are the figures:
- Total deliveries Q3 2022: 343,000
- Total production Q3 2022: 365,000
Deliveries are the closest approximation to sales reported by Tesla, and they fell short of analysts̵[ads1]7; expectations of 364,660 vehicles, according to estimates compiled by FactSet-owned Street Account.
Tesla also said in its report that the company produced 19,935 of its higher-priced Model S and X vehicles, and 345,988 of its more popular Model 3 and Y vehicles during the third quarter.
Total production was up from the previous quarter of 2022, when Tesla said it produced 258,580 vehicles.
In the year since, Tesla reported deliveries of 254,695 cars, and that it had produced 237,823 cars including just 8,941 Model S and X cars, which are the company’s more expensive sedans and SUVs with falcon-wing doors, respectively.
In the third quarter of 2022, Tesla faced soaring commodity prices, executive turnover (with the notable departure of AI head Andrej Karpathy in July) and growing pains at its new factories in Germany and Texas.
Tesla has not historically disclosed car production and delivery figures by region.
In July this year, Tesla had to temporarily stop most of the production in the Shanghai factory to make upgrades to the facility. By August, however, the company’s production and deliveries in China had picked up again, according to data from the China Passenger Car Association.
In the US, at the end of the second quarter, Tesla set up an entire AI office and made other cuts to its workforce. Musk also mandated that all Tesla employees work at a Tesla office at least 40 hours per week, even though they were previously allowed to work remotely.
After that, some employees were laid off and others chose to quit, while those who returned to the office found overcrowded conditions that persisted through the third quarter, making it difficult to get work done normally at some of the company’s facilities, including its facility. first American car factory in Fremont, California, and battery factory outside Reno, Nevada.
In September, executives speaking at a meeting with employees at the Nevada Gigafactory celebrated new production records and praised employees’ hard work.
As CNBC previously reported, Tesla executives at the time said August had been a record month for the Fremont factory in terms of production, and that Tesla’s relatively new plant in Austin, Texas, had reached a production rate of 1,000 cars per week in a seven-day period rolling basis, a promising milestone.