Tesla exceeds one million vehicles delivered in 12 months, a first

Over the period from April 2021 to March 2022, CEO Elon Musk's group put 1.06 million cars into circulation.

AP - David Zalubowski

Text by: RFI Follow

1 min

The American manufacturer of luxury electric vehicles is doing well compared to other manufacturers.

It delivered more than a million vehicles in one year, over the period from April 2021 to March 2022, according to the latest figures published by the group.

A first, despite the crisis that has plagued the sector since the start of the health crisis.

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In the first quarter of this year, Tesla delivered just over 310,000 vehicles, up 67% from the same period in 2021.

Good figures, which are however below analysts' estimates, such as FactSet, which was counting on more than 317,000 deliveries, an increase of just 0.4%. 

Shortages

 It was an exceptionally difficult quarter, due to interruptions in the supply chain due to China's zero Covid policy

 ”, confides Elon Musk, on Twitter, in reference to the drastic containment measures taken by the authorities. Chinese.

The shortage of electronic chips, essential for the manufacture of cars, has indeed caused the closure of several factories of the group.

It was the intervention of key subcontractors that allowed the group to withstand the shock, as Tesla explains in a press release.

Better than the competition

In any case, Tesla is doing much better than its competitors.

Toyota saw sales drop almost more than 23% in North America in the first quarter, compared to the same period a year earlier.

Similarly, General Motors announced a 20% drop in sales. 

To read also: With Tesla, Elon Musk invents a new model

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