The electric vehicle manufacturer Tesla announced Monday that in 2022 delivered more than 1.31 million vehicles, which represents an increase of 40% compared to to the previous year, when it reported 936,000 deliveries.
The company founded by Elon Musk broke a new delivery record -the closest figure to sales, which it does not disclose- and in the last quarter of the year it delivered more than 405,000 vehicles, according to a statement.
However, deliveries in the latter period were worse than expected by analysts, who projected between 409,000 and 433,000, according to analysis firm FactSet.
During the last quarter, Tesla has faced production difficulties in China due to the wave of covid-19, and has also applied price cuts in that country and in the US due to weak demand.
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In the note, the company considered that the exercise has been good “in light of significant issues related to the covid and with the supply chain during the year.”
In its data, Tesla combines delivery of its high-end Model S and X cars and more affordable Model Y and 3.
Tesla, the worst of the S&P 500?
On the other hand, 2022 may have been its toughest year on the stock market, being the worst big company in the S&P 500, as the company has lost more than $700 billion in market valuation this year.
Tesla shares have lost 65.85% since December 31 of last year through the close on December 29, making the company the worst performer among the top S&P 500 companies, closely followed by Facebook parent Meta, down 65.07% over the same period. .
Tesla’s drop is a surprising change from last year.
Tesla shares hit an all-time high in November 2021, as the company turned a profit and ramped up production. The stock is down more than 70% since hitting that peak.
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