Tesla fell just short of investors’ sales expectations during the final quarter of 2022, despite setting a new record for car production throughout the year.
Analysts expected the American EV firm to deliver around 420,000 cars during the fourth quarter, but it recorded 405,278. Nonetheless, this was a 12.9% increase over the previous quarter.
An overwhelming majority (388,131) of its fourth-quarter sales were of the Tesla Model 3 saloon and the closely related Tesla Model Y SUV.