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Tesla 2022 Q1 production

Discussion in 'Tesla' started by bwilson4web, Apr 2, 2022.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Source: Tesla sets another record quarter with 310,048 vehicle deliveries in Q1 2022

    Tesla said its Model 3 and Model Y recorded 295,324 of the total deliveries. The Model S and Model X made up the remaining 14,724 of the automaker’s Q1 2022 deliveries. Tesla does not specify how many of each individual vehicle model it delivered during the first quarter.

    The quantity of all-electric cars Tesla delivered in Q1 beat estimates from twelve analysts surveyed by Bloombergyesterday. The analysts indicated Tesla would deliver 309,158 vehicles globally from its three active production facilities. Tesla currently manufactures the Model S, 3, X, and Y in Fremont, California. Internationally, Tesla’s facility in Shanghai produces the Model 3 and Model Y, while its newest plant in Germany, known as Gigafactory Berlin, builds the Model Y.

    Despite a lagging automotive sector, Tesla managed to defy all odds and record substantial year-over-year growth. A report from TrueCar released earlier this week detailed Tesla’s prominence in the struggling U.S. automotive market, as it was the only company to establish a positive growth rate from in February 2022 compared to March 2021. Tesla saw a 93.2 percent increase in vehicle sales over the span, while other major automakers all recorded losses of at least 5.9 percent. Ford recorded a substantial loss of 27.6 percent, GM at a loss of 16.5 percent, and Volkwagen with the largest decrease at 44.3 percent.
    . . .    ​

    Bob Wilson
     
    #1 bwilson4web, Apr 2, 2022
  2. bisco

    bisco cookie crumbler

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    love it. big stock jump monday
     
    #2 bisco, Apr 2, 2022
  3. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

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    Expectations were 306k so not that big a jump. Figure $10k profit per vehicle that would be around $30m which on Tesla's scale is a little thing.

    A rumored Putin/Zelensky meeting might boost the overall market and increase the chance of a bounce.

    Now if Austin-made deliveries were happening that might help too but most have already presupposed that happening any day.
     
    #3 mikefocke, Apr 2, 2022
  4. bisco

    bisco cookie crumbler

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    positive deliveries are always a buy signal for tesla, sales and profits secondary. tomorrow will be interesting
     
    #4 bisco, Apr 3, 2022
  5. bisco

    bisco cookie crumbler

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    nice little bump today!
     
    #5 bisco, Apr 4, 2022
  6. bisco

    bisco cookie crumbler

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    300,000
    X 10,000
    ________
    3 billions
     
    #6 bisco, Apr 4, 2022
  7. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

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    The difference between the expected deliveries and the reported ones was ~3,000. If the profit was $10k per car, then the difference in probable profits between what was expected and what was reported was what I described which is a small number on the Tesla scale of profits. So no big reason to go buy on that figure alone. We will all know more once the financial report for the quarter is available.

    To counter that news, the Shanghai factory reportedly will be shut down for another week. That could impact deliveries by at least 3 or 4 times what in last quarter increase was.

    And Tesla stock is down 4.47% over the last 5 days. Granted in a down market especially for the tech stocks.
     
    #7 mikefocke, Apr 6, 2022
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