Guided readingBreak through the dilemma of the global supply chain! Tesla’s first-quarter deliveries hit a new high, up 68% year-on-year.
At a time when the world’s major automakers struggled with parts shortages, and when Musk also said supply chain issues made it an “extremely difficult quarter,” Tesla still delivered a solid answer.
Tesla reported on Saturday that global deliveries surged in the first quarter of this year as it overcame supply chain issues, with production levels already approaching those of established automakers such as BMW and Mercedes-Benz.
Deliveries in the first quarter hit a new high, up 68% year-on-year
Tesla said,The company delivered a record 310,000 vehicles in the first quarter, up from 185,000 in the same period in 2021, a 67.5% year-on-year increase, in line with Wall Street’s previous forecast.
And Tesla’s delivery volume in the first quarter was basically the same as in the fourth quarter of last year, when Tesla’s delivery volume reached 309,000, which was basically occupied by Model 3 and Model Y.
Tesla production and delivery figures for the first quarter of 2022
In addition, in the first quarter, the Shanghai Gigafactory continued to maintain its position as Tesla’s global export center. In January, the Shanghai Gigafactory exported 40,500 vehicles, and in February, the Shanghai Gigafactory exported 33,315 vehicles, further expanding its achievements on the international stage for China’s intelligent manufacturing. At the same time, Tesla also ranked firmly in the “50,000 club” with domestic sales of 59,846 and 56,515 in January and February.
Tesla’s growth in the first quarter is a continuation of last year’s surge in sales, which nearly doubled last year to nearly 1 million vehicles and surpassed Volvo and Subaru.And this builds on Tesla’s good response to the chip shortage, because it can replace the scarce chips with the available chips by adjusting the software.
However, in stark contrast to Tesla’s surge in sales, major automakers including General Motors and Toyota said on Friday that sales had plummeted, largely because of parts shortages.
Electric car momentum is strong, Tesla may be firmly in the C position
The first-quarter sales were “a positive step in the right direction for Tesla to move toward the next step in growth,” analysts Daniel Ives and John Katsingris at financial services provider Wedbush Securities said in a note on Saturday.
Some analysts pointed out that since Tesla’s Berlin plant has already started producing Model Y for European customers,So in 2022 Tesla might deliver 2 million vehicles, challenging the German automaker that dominates the luxury car market.
Tesla’s electric vehicle sales are now the best, and electric vehicle sales are growing faster than other vehicle types. Electric vehicle sales are likely to grow further as gasoline prices soar and remain high.
For Wall Street, Tesla will become the dominant force in the electric vehicle industry with a market value of more than $1 trillion.
At the same time, while established automakers have been slow on the electric car track, such as Ford’s belated Mustang Mach E, the hot track is getting crowded.If chip shortages ease later this year, as some industry executives predict, traditional automakers might take a larger share of the electric vehicle market.
(Source: Wall Street News)