Tesla Delivers 484,507 Vehicles In Fourth Quarter

Tesla (NASDAQ: TSLA) is reporting this morning that it has produced 494,989 vehicles while delivering 484,507 in the fourth quarter. Reuters analysts had estimated deliveries of 473,253 units.

Broken down, the electric vehicle maker reported that it managed to deliver 461,538 units of Model 3’s and Y’s. The model S and X meanwhile were notably relegated to the “other models” category for the first time, which were presumably combined with Cybertruck figures, which combined for 22,969 vehicle deliveries.

For the full fiscal year, the automaker produced 1,845,985 vehicles, while delivering 1,808,581 vehicles. Model 3/Y accounted for 1,739,707 of those deliveries.

READ: Tesla Accidentally Revealed High Failure Rate In Defending Itself From Reuters

Notably, the company is facing challenges as it heads into the new year, with the Model 3’s rear-wheel drive and long range variants no longer qualifying for federal tax credits of $7,500 due to battery material sourcing requirements not being met.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

Start-Up EV Maker Rivian Files Paperwork for IPO

On August 27, the private start-up electric vehicle manufacturer Rivian submitted a widely anticipated confidential...

Tuesday, August 31, 2021, 03:37:00 PM

Tesla Slammed With Multiple Recalls In Europe, The US

Tesla (NASDAQ: TSLA) has been hit with a string of recalls in recent days. The...

Saturday, April 16, 2022, 03:20:00 PM

Tesla Files Counter Lawsuit Against JPMorgan Over Musk’s Infamous Tweet

Tesla (NASDAQ: TSLA) has taken its legal battle with JPMorgan to the next level, filing...

Tuesday, January 25, 2022, 03:10:00 PM

Jim Cramer Wants To Remove Tesla From ‘Magnificent Seven’

In a recent segment on CNBC’s “Squawk On The Street,” financial commentator Jim Cramer advocated...

Tuesday, January 23, 2024, 09:26:00 AM

“Don’t Be Bothered By Stock Market Craziness,” Elon Musk Tells Tesla Employees Despite Stock Compensation

Tesla (Nasdaq: TSLA), like most other tech businesses, includes stock options and grants in its...

Sunday, January 1, 2023, 01:48:00 PM