How many cars did Tesla deliver in 2022? Tesla Delivery Numbers
Auto, Aviation & Transportation
Tesla Deliveries Fall Short of Wall Street Expectations
Wall Street is not impressed.
Tesla reported its fourth quarter vehicle production and deliveries numbers today.
Deliveries are the closest approximation of sales disclosed by Tesla.
And for 2022, deliveries hit a new record of 1.31 million for Tesla. Still, fourth-quarter deliveries fell shy of analysts’ expectations at just over 405,000.
Estimates updated in December, and included in the FactSet consensus, ranged from 409,000 to 433,000 (or average around 418,000).
Moreover, Tesla touts “catching up with backlog” as a positive. However, it is not a positive. It is a negative!
What it means is that bookings are less than billings, and as such signals trouble ahead. BOOK:BILL is a key metric in tech, especially in the semiconductor industry. Less than one is a red flag.
Tesla, a US technology company specializing in the design and manufacture of electric vehicles (EVs). Offers a range of electric vehicles, including sedans, SUVs, and pickup trucks.
Below is a list of the current models of electric vehicles that Tesla offers:
- Firstly, Model S: A luxury sedan with a range of up to 402 miles (648 km) on a single charge
- Secondly, Model 3: A compact sedan with a range of up to 358 miles (576 km) on a single charge
- Thirdly, Model X: A full-size luxury SUV with a range of up to 371 miles (597 km) on a single charge
- Fourthly, Model Y: A mid-size luxury SUV with a range of up to 326 miles (525 km) on a single charge
- Lastly, Cybertruck: A pickup truck with a range of up to 500 miles (805 km) on a single charge.
However, with the stock down so far from its high. Is there a chance it rises tomorrow on Wall Street?