Tesla manufactured and delivered fewer electric vehicles than projected due to supply chain challenges and a slow ramp-up at new operations in Texas and Berlin during the first quarter of 2022.

The EV giant in a statement Saturday reported that they manufactured 305,000 vehicles and delivered 310,048 vehicles despite challenges caused by factory shutdowns and the continuing supply chain shortage experienced earlier this year.

The Austin-headquartered company made a total of over 310,048 electric vehicle deliveries while electric vehicle production is at  305,407 cars. Over the same period last year, the company also delivered 184,800 electric vehicles and produced 180,338 cars.

That’s the most units the carmaker has ever shipped in a quarter, outnumbering its Q4 2021 record by a few thousand vehicles. Nonetheless, as compared to analyst projections, Tesla’s Q1 2022 results are mixed.

As conventional automakers such as Ford, Volkswagen, General Motors, Stellantis, Toyota, and Hyundai struggle to catch up with their own electric car lineups, Tesla remains the top-selling EV maker in the world.

The automaker blamed “ongoing supply chain challenges and factory shutdowns” for producing 4,641 fewer cars than it shipped during the quarter.

According to FactSet projections as of March 31, analysts predicted 317,000 automobiles to be delivered in the first three months of 2022, CNBC reports.  The forecasts also varied from a low of 278,000 to a high of 357,000 car deliveries.

Last March 22, the American EV maker also celebrated the opening of a new facility in Brandenburg, Germany, with a ribbon-cutting event. Tesla is also planning a grand opening and “cyber rodeo” celebration for a new vehicle assembly factory it is building in Austin, Texas, on April 7.

Tesla formally relocated its headquarters to Austin on Dec. 1, although it continues to run its first electric vehicle manufacturing in Fremont, California.

Despite the snags, Tesla CEO Elon Musk responded to a congratulatory tweet about the deliveries on Twitter.

“This was an *exceptionally* difficult quarter due to supply chain interruptions & China zero Covid policy,” Musk wrote on Twitter. “Outstanding work by Tesla team & key suppliers saved the day.”

 

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JM Agreda
JM Agreda is a freelance journalist for more than 12 years writing for numerous international publications, research journals, and news websites. He mainly covers business, tech, transportation, and political news for Businessner.