Tesla Delivers 310,048 Electric Vehicles in the First Quarter

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Tesla Delivers 310,048 Electric Vehicles in the First Quarter
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Tesla Vehicle Production and Delivery Numbers Are Out — Here's How They Did in the First Quarter

Analysts expected deliveries of 317,000 vehicles for the first three months of 2022, according to estimates compiled by FactSet as of March 31. The estimates ranged from a low of 278,000 vehicle deliveries to a high of 357,000.The company recently opened a new factory in Brandenburg, Germany, and had a ribbon-cutting ceremony on March 22. Tesla also plans to host a grand opening and"cyber rodeo" event on April 7, at another new vehicle assembly plant it's building in Austin, Texas.

Tesla moved its headquarters to Austin officially as of Dec. 1, but still operates its first electric car factory in Fremont, California. Globally, Tesla's operations during the quarter, which ended March 31, were weighed down by a Covid surge and new health restrictions in China, requiring temporary production halts at its Shanghai plant. In theTesla, along with the rest of the auto industry, has also been hurt by widespread parts shortages, and inflation.

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