Tesla deliveries: Automaker delivered a file 1.3 million automobiles in 2022, however it nonetheless dissatisfied Wall Street

Tesla deliveries: Automaker delivered a file 1.3 million automobiles in 2022, however it nonetheless dissatisfied Wall Street



New York
CNN
 — 

Tesla delivered a file variety of vehicles final 12 months, as gross sales continued to develop by percentages another main automaker would dream about. But Tesla nonetheless managed to disappoint Wall Street all through 2022 – and the final quarter was no totally different.

The electrical automaker delivered 1.3 million automobiles in 2022, up 40% from 2021. It produced practically 1.4 million automobiles, up 47% from the prior 12 months.

Yet the fourth quarter underwhelmed: Tesla delivered solely 405,278 automobiles, properly under the median estimate of 431,000 in keeping with analysts polled by Refinitiv, as recession fears and better rates of interest led to a slowdown in demand.

Although 40% development is nothing to sneeze at, Tesla’s tempo of development is slowing. Deliveries practically doubled in 2021 and greater than quadrupled in 2020.

Tesla’s

(TSLA) inventory plunged 65% in 2022 as…

2023-01-03 04:48:36 Tesla deliveries: Automaker delivered a file 1.3 million automobiles in 2022, however it nonetheless dissatisfied Wall Street
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