Tesla Says Company Sold a Record 1.3 Million Vehicles Last Year, Falls Short of 50% Growth Pledge

The shortfall came despite a major year-end sales push that included rare $7,500 discounts in the U.S. on the Models Y and 3, the company's top-selling models.

“Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great 2022 in light of significant COVID and supply chain related challenges throughout the year,” the electric vehicle and solar panel company said Monday. The discounts, offered during the last two weeks of the year, raised questions about whether demand was softening for Tesla products as the Federal Reserve raised interest rates to combat inflation.

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Tesla delivered over 405,000 vehicles in Q4 2022, setting a new company record | EngadgetTesla delivered a record 405,278 electric vehicles over the final three months of 2022, but missed Wall Street expectations.. Bad news, they should have sold more! How many had to be discounted or offered with perks from already made a lot to hit that number? And missed forward guidance by 20%
Source: engadget - 🏆 276. / 63 Read more »