Tesla has delivered more than 1 million cars in the past year, and more than 310,000 in Q1

The American manufacturer of electric cars Tesla has shipped a record number of more than one million cars last year, according to figures published Saturday.

The company delivered 1.06 million cars from April 2021 to March 2022, including more than 310,000 cars in the first quarter of this year alone, which is 67 percent higher than over the same period last year.

However, the figure fell short of analysts’ expectations of 317,000 cars, according to data compiled by FactSet.

Deliveries are considered comparable to sales figures published by other manufacturers.

Growth, however, has slowed sharply in recent months for the Austin, Texas-based company, with deliveries up a minus 0.4 percent since the fourth quarter of last year.

The number of cars produced is also slightly lower compared to the previous quarter (-0.1 percent).

“This has been an exceptionally difficult quarter due to supply chain disruptions and China’s zero COVID policy,” Tesla CEO Elon Musk said on Twitter, referring to China’s strict health restrictions. “Exceptional work by Tesla team and key suppliers has saved the day.”

However, Tesla is doing even better than its competitors, with the entire auto industry affected by supply chains.

Toyota saw its sales in North America fall 23.5 percent in volume in the first quarter of 2022, compared to the same period last year, and 26.3 percent in value.

General Motors reported a profit of $ 1.7 billion (approximately Rs. 12,880 crore) for the quarter ending December 31, down 38.7 percent from the last three months of 2020 as revenue fell 10.5 percent to $ 33 , 6 billion (about Rs. 2,54,635 crore).



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