Categories: Overall

Tesla has reported its first quarterly loss since going public in 2014

Tesla delivered 310,048 vehicles in the first quarter of 2022. Despite what Tesla CEO Elon Musk says was an’exceptionally difficult quarter’.

The model 3 and Y made up 295,324 of these deliveries, while 14,724 were for the Model S and X. Deliveries increased slightly from the previous quarter’s 308,600 deliveries. Tesla managed to build a total of 305,407 vehicles.

This was a difficult quarter due to supply chain interruptions & China zero covid policy. outtanding work by Tesla team & key suppliers saved the day.

The Shanghai plant is the company’s largest, producing both model 3s and model YS. Last month, Tesla closed its Shanghai factory for two days amid a spike in covid-19 cases.

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