Tesla EV shipments drop nearly 18% in Q2 after China factory shuts down – Root Devices

Tesla shipped 254,695 electric vehicles globally in the second quarter, a nearly 18 percent drop from the prior period due to supply chain constraints, China’s extended COVID-19 lockdown and challenges opening factories in Berlin and Austin, which took their toll company tax.

It’s the first time in two years that Tesla’s deliveries, which were 310,048 in the first period this year, have declined quarter-on-quarter. Tesla deliveries increased by 26.5% compared to the second quarter of last year.

The quarter-on-quarter decline is in line with a broader supply chain problem in the industry. It also illustrates the importance of Tesla’s Shanghai factory to its business. Tesla closed its Shanghai factory several times in March due to the rising number of COVID-19 cases, which led to a government shutdown.

tesla delivery second quarter 2022

Image Credits: Tesla/screenshot

The company said on Saturday that it produced 258,580 electric vehicles, a 15 percent decrease from the previous quarter, when it produced 305,407 vehicles.

As in other quarters over the past two years, the majority of vehicles produced and delivered were Model 3 and Model Y. Only 16,411 vehicles produced were older Model S and Model X vehicles.

Tesla said in its announcement that June 2022 was the month with the highest vehicle production in Tesla’s history. Despite this milestone, the EV maker and other companies in the industry are struggling to keep up with demand as supply chain issues remain.

Leave a Comment