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Tesla announced its Q2 vehicle production and delivery numbers for 2022. Iin Q2 the company delivered 254,695 EVs while 258,580 cars were produced.
The second quarter of 2022 marks a rapid increase in production as last year, Tesla delivered 201,250 vehicles in the second quarter, which was the first time Tesla delivered than 200,000 units in a three-month period.
However, Q2 saw a big drop in deliveries compared to the first quarter of 2022, when the company delivered 310,048 vehicles. Analysts were expecting deliveries of 256,520 vehicles for Q2, which was marked by Covid restrictions, supply chain snarls, semiconductor chip and other parts shortages.
On balance, delivery numbers represented sales growth of 26.5% year-over-year, and a 17.9% decrease sequentially.