Despite being hit hard by Covid-induced supply chain disruptions and factory closures, Tesla has achieved record deliveries during the first quarter of the year.
The US electric vehicle manufacturer delivered a total of 310,048 cars worldwide in the first quarter of 2022, an increase of 68% year-on-year.
Around 295,324 of the total delivery figure consisted of the Tesla Model 3 sedan and the Tesla Model Y SUV. The remaining 14,724 units were sales of the larger Tesla Model S sedan and Tesla Model X SUV.
“This was an exceptionally difficult quarter, due to supply chain disruptions and China’s zero covid policy,” company chief Elon Musk tweeted. “The exceptional work of the Tesla team and key suppliers saved the day.”
Tesla’s factory in Shanghai has been particularly hard hit. It was closed completely on March 28 because a two-stage lockdown was imposed on areas of the city where covid cases have since increased.
The growing number of cases in the Chinese city has also led to the cancellation of the Shanghai Motor Show.
Tesla was due to restart production on Monday, April 4, but production plans have since been cancelled, Reuters reported, as most of Shanghai is still under strict lockdown.
The Shanghai factory is increasingly important for Tesla production. In October last year, Musk claimed that he had outgrown the Fremont factory in California, USA.
Tesla will publish its full financial results for the first quarter of 2022 on Wednesday, April 20, when its management holds its usual question and answer session.
Tesla expects its sales to grow 50% in 2022.
Email: colin@satprwire.com Phone: +44 20 4732 1984
Colin has been working in the business industry for quite a sometime and he recently made the decision to become a full-time business journalist. At Daily Research News, he also helps us take care of the business writing.
