Tesla delivered record number of cars in Q1, despite China – 04/02/2022 at 20:58

April 2 (Reuters) – Tesla TSLA.O said on Saturday it delivered a record number of vehicles in the first quarter of 2022, despite a slowdown in production in China due to the lockdowns imposed under the “zero Covid” policy and the the global shortage of semiconductors.

The American manufacturer delivered 310,048 cars during the first three months of the year, 1,500 more than in the last quarter of 2021 and an increase of 68% compared to the same period last year. Analysts on average expected 308,836 deliveries, according to Refinitiv data.

“It’s been an *exceptionally* difficult quarter due to supply chain disruptions and China’s zero Covid policy,” Tesla CEO Elon Musk tweeted after the seventh consecutive quarter of the year. record deliveries.

Tesla produced 305,407 vehicles between January and March, slightly less than the previous quarter’s 305,840, after being forced to close its Shanghai plant for several days due to measures taken by Chinese authorities to control the coronavirus pandemic.

(Hyunjoo Jin in San Francisco and Akash Sriram in Bangalore, French version Tangi Sala√ľn)

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