Tesla’s file quarterly supply gross sales come to an finish because of China’s COVID shutdown

Tesla announced it delivered 254,695 vehicles in the second quarter of 2022, down about 18 percent from the previous quarter. Report, that is published on Tesla’s sitesignaled the end of a record-breaking nearly two-year streak of quarterly deliveries for Elon Musk’s company, most likely due to the prolonged COVID-related closure of its Shanghai factory.

Tesla says Model 3 and Model Y vehicles make up 238,533 of these vehicles, while 16,162 vehicles go to Model S and Model X. In terms of production, Tesla says it has built a total of 258,580 vehicles.

China has played a key role in making the company one of the most valuable automakers in the world. However, Tesla’s Shanghai Gigafactory has been caught in a seemingly endless loop of opening and closing in recent months, as the country’s strict COVID lockdown policy has taken its toll.

March, Tesla closes Shanghai factory for two days amid a spike in COVID-19 cases, and closing the factory again in April like Shanghai continues to grapple with a citywide shutdown. The Shanghai factory is the company’s largest, producing both the Model 3 and Model Y.

Tesla recently opened its first factory in Europe in Berlin, Germany, and the organization “Cyber ​​rodeo” to celebrate the grand opening of the Gigafactory in Austin, Texas – both of which can help offset production issues caused by the COVID-related outage in Shanghai. Musk recently described both plants as “huge smelters” that are “losing billions of dollars” as supply chain constraints continue to limit the company’s plans.

Leave a Comment