Pages

Sunday, April 3, 2022

Tesla -- 1Q22 Numbers -- April 3, 2022

EVs: link here. Scorecard

Auto manufacturers did not have a good 1Q22.

Tesla? deliveries rose despite "exceptionally difficult" quarter. Source -- Financial Times. From CNBC:

  • delivered: 310,048 vs expected 317,000 (range: 278,000 - 357,000)
  • production: 305,407
  • annualized production: 1.22 million
  • composition of deliveries
  • Model 3 and Model Y: 95% (295,324 vehicles)
  • supply challenges and factory shutdowns: produced 4,641 fewer cars than it delivered
  • Brandenburg, Germany: supposedly opened on March 22, 2022
  • Austin, Texas: to open April 7, 2022
  • headquarters: moved to Austin; officially as of December 1, 2022
  • still operates its first factory in Fremont, CA

Benchmark for auto manufacturers:

  • one million EVs per year is the low bar

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.