+5.6%, Wall Street welcomes monumental announcements!

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(Boursier.com) — You’re here gained 5.6% on Monday to end on the closing $1,145 on Wall Street, reacting to the excellent activity figures published during the weekend. Thus, the Texan electric automobile giant provided its first quarter activity figures. Tesla produced over 305,000 vehicles and delivered over 310,000 units over the perioddespite supply chain difficulties and production site closures.

Thus, despite the slowdown in Chinese production due to the new epidemic wave and the shortage of semiconductors, Elon Musk’s group delivered a record number of cars over the quarter ended.

You’re here more precisely delivered 310,048 cars in the first three months of the year, 1,500 more than in the last quarter of 2021 and a year-on-year increase of 68%, compared to the comparable period last year. Analysts on average expected around 309,000 deliveries. The manufacturer also produced 305,407 units between January and March, which marks a very slight sequential drop compared to the previous quarter, the group having been forced to close its Shanghai site for several days due to measures taken by the Chinese authorities. to control the pandemic.

“It’s been an exceptionally difficult quarter due to supply chain disruptions and China’s zero Covid policy,” Tesla CEO Elon Musk said on Twitter. The billionaire praised the extraordinary work of the Tesla team and key suppliers, which saved the day. Tesla even posted a seventh consecutive quarter of record deliveries there.


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