Tesla sets first quarter delivery record

Tesla sets first quarter delivery record

Tesla delivered 310,048 electric cars in the first three months of the year, more than in any previous quarter. Production fell minimally from the fourth quarter of 2021 to 305,407 vehicles. But the second quarter is off to a troubled start.

Let's first look at the first quarter numbers: of the 310,048 deliveries, the Model 3 and Model Y accounted for 295,324 units, while the Model S and Model X accounted for 14,724. The latter two models have yet to resume international deliveries since the refresh.

Tesla produced 291,189 Model 3s and Model Ys in the first three months of the year, as well as 14,218 Model Ss and Model Xs. This meant that there was a large overhang from the fourth quarter, especially for the two smaller model series - in addition, the important factory in Shanghai was closed for several days in March due to the Corona lockdown there. As a result, production in the first quarter fell a few units short of Q4 2021: at that time, 305,840 Teslas were built, compared to 305,407 vehicles in the opening quarter. Without the lockdown in Shanghai, Tesla would probably have achieved a new record quarter for production as well.

Still, Tesla is on track with over 300,000 vehicles built and delivered in Q1, compared to just 184,800 deliveries in Q1 2021. In addition, expansion work is underway in Shanghai and the two new Gigafactories in Austin and Gruenheide will also provide further growth in production and consequently deliveries over the course of the year.