Tesla’s first-quarter deliveries hit a record high, supply chain problems kept production nearly flat from the previous quarter – yqqlm

(Original title: Tesla’s first-quarter deliveries hit a record high, supply chain problems kept production nearly flat month-on-month)

Financial Associated Press (Shanghai, edited by Zhao Hao),On Saturday (April 2) local time (April 2), electric car manufacturing giant Tesla Inc announced its production and deliveries of vehicles for the first quarter of 2022.

Despite ongoing challenges in the supply chain and some factory shutdowns, Tesla’s single-quarter deliveries set a company record. The specific data show that

Tesla delivered a record 310,048 vehicles in the quarter, higher than Wall Street analysts’ previous forecast of 309,158 vehicles, and 1,448 more than the previous quarter, an increase of more than 67% year-on-year;

Tesla built 305,407 vehicles in the quarter, 433 fewer than the previous quarter, and a year-over-year increase of more than 69%.

(Data source: Tesla official website)

After the data was released, Tesla CEO Elon Musk said on social media, “This was an ‘exceptionally’ difficult quarter, and the excellent work of the Tesla team and key suppliers saved the situation.”

Since the start of the global economic recovery cycle last year, the auto industry has been affected by widespread parts shortages and inflation, and key components such as semiconductors in particular are still in short supply.

After the outbreak of the Russian-Ukrainian war, the prices of raw materials such as nickel and aluminum have skyrocketed, causing many car companies around the world to suffer. In the U.S., owners of the latest Tesla vehicles have waited months to receive their cars.

In the press release published on the official website, Tesla also announced that it will release its first-quarter earnings report on Wednesday, April 20th, Eastern Time, following the U.S. stock market closes, and the company’s management will hold a live Q&A webcast (call) at 17:30. Discuss the company’s financial performance and prospects.

In the statement, Tesla also pointed out that the deliveries announced this time are only one measure of the company’s financial performance. Exact financial results also depend on a variety of other factors, including cost of sales, exchange rate movements, rental income, and more.

The global leader in electric vehicles, Tesla’s numbers are widely seen as a barometer of EV demand.

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