Tesla Delivered 254,695 Cars in the 2nd Quarter of 2022

Tesla car by Dylan Calluy Unsplash
Tesla car by Dylan Calluy Unsplash

Tesla just shared its second-quarter vehicle production and delivery numbers for 2022. Here are the key numbers:

Total deliveries Q2 2022: 254,695

Total production Q2 2022: 258,580

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Delivery numbers —which are the closest approximation of sales reported by Tesla —  were slightly below analysts’ expectations.

Analysts expected deliveries of 256,520 vehicles for the second quarter, according to a consensus compiled by FactSet-owned Street Account. Delivery was negatively affected by Covid restrictions, supply chain snarls, semiconductor chips, and other parts shortages. 

Last year, Tesla delivered 201,250 vehicles in the second quarter, its first time delivering more than 200,000 units in a three-month period. In the first quarter of 2022, Tesla delivered 310,048 vehicles.

Today’s delivery numbers represent a sales growth of 26.5% year-over-year, and a 17.9% decline sequentially for Elon Musk’s electric vehicle venture.

The company has soft-guided to around 50% average annual growth, long-term, depending on manufacturing capacity and other factors.