Currently reading: Tesla sales fall short in final quarter of 2022

American EV giant didn't quite satisfy analyst forecasts despite setting an annual production record

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.

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