Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Publishing timestamp: 2023-01-02 17:14:21
Summary
Tesla reported record fourth-quarter and full-year deliveries for 2022, with total deliveries of 405278 vehicles and production of 439701 vehicles. This was a 40% increase in deliveries year-over-year. Despite this, the numbers fell short of analysts' expectations. Tesla is poised to benefit from President Joe Biden's Inflation Reduction Act this year, which includes incentives for domestic production and purchases of fully electric cars. Shares of Tesla started to rise again in the final days of December 2022 in anticipation of record fourth-quarter and full-year deliveries.
Sentiment: POSITIVE
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Source: https://www.cnbc.com/2023/01/02/tesla-tsla-q4-2022-vehicle-delivery-and-production-numbers.html