Tesla delivers record 1.3 million vehicles in 2022. Dailynews. Daily-time24

Electric car maker Tesla says it delivered a record 1.3m vehicles last year, 40% more than in 2021.


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It comes after the enterprise introduced greater than 405,000 vehicles inside the remaining 3 months of 2022.


However, that discern missed Wall Street forecasts of around 430,000 deliveries for the length.

This 12 months the motor industry is anticipated to face slowing demand as ability clients worry about growing interest prices and recession worries.


In a announcement to investors, Tesla said it needed to deal with " massive Covid and deliver chain related challenges during the 12 months".

Meanwhile, on Tuesday authorities in South Korea said they could best Tesla $2.2m (£1.8m) for failing to notify its customers about the shorter riding variety of its electric powered motors in low temperatures.



The Korea Fair Trade Commission said the employer had exaggerated the "driving levels of its motors on a unmarried price, their gas value-effectiveness in comparison to fuel automobiles in addition to the overall performance of its Superchargers".

Highlighting the logistics problems faced by the arena's most treasured vehicle maker, deliveries within the fourth quarter of the yr have been about 34,000 fewer than Tesla produced.


The shortfall is unusual for Tesla, because it had previously managed to supply about as many motors because it produced.

In October chief executive Elon Musk said he changed into running to clear up the issue.

Like other automobile makers, within the year in advance Tesla faces the project of the capability of slowing call for for vehicles as customers address growing borrowing expenses and concerns approximately an financial slowdown.


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Tesla additionally faces competition from traditional motor manufacturing giants consisting of Ford and General Motors, as well as more recent entrants to the marketplace like Rivian and Lucid in the US and China's BYD and Nio.


The organization is scheduled to announce monetary effects for the fourth sector of 2022 and the yr as an entire on 25 January.

Tesla stated in a separate announcement that it plans to host its Investor Day on 1 March and livestream the occasion from its Gigafactory in Texas.

"Our buyers will be able to see our most advanced production line in addition to discuss long time growth plans, generation three platform, capital allocation and other subjects with our leadership crew," the organisation stated.

Tesla's shares fell by means of sixty five% in 2022 - its worst 12 months since going public in 2010 - as buyers concerned about disruptions to manufacturing, worries over a slowdown in call for and Mr Musk's awareness on Twitter.

The multi-billionaire offered the social media platform at the end of October for $44bn (£36.4bn) and has spent lots of his time seeing that then attempting to turn the commercial enterprise round.


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