While the world's biggest automakers struggled with a shortage of parts, and musk also said that supply chain problems made it an "extremely difficult quarter," Tesla still delivered a brilliant answer.
Tesla released a report on Saturday that global deliveries increased significantly in the first quarter of the year as a result of overcoming supply chain issues, and production levels were close to established automakers such as BMW and Mercedes-Benz.
First quarter deliveries hit a new high, up 68% year-on-year
Tesla said the company delivered a record 310,000 units in the first quarter, up from 185,000 units in the same period in 2021 and up 67.5 percent year-on-year, in line with previous Wall Street forecasts.
And Tesla's first quarter delivery volume was basically the same as the fourth quarter of last year, when Tesla's delivery volume reached 309,000 units, which was basically occupied by Model 3 and Model Y.
Tesla production and delivery data for the first quarter of 2022
In addition, in the first quarter, the Shanghai Gigafactory continued to stabilize Tesla's position as a global export center. In January, the export volume of Shanghai Gigafactory reached 40,500 units, and in February, the export volume of Shanghai Gigafactory was 33,315 units, which was another expansion of China's intelligent manufacturing on the international stage. At the same time, in January and February, Tesla also ranked in the "50,000 club" with domestic sales of 59,846 units and 56,515 units.
Tesla's growth in the first quarter is a continuation of last year's surge in sales, which nearly doubled last year to nearly 1 million units and surpassed Volvo and Subaru. And that builds on Tesla's good response to chip shortages, because it can replace scarce chips by adapting software to replace scarce chips with available chips.
However, in stark contrast to Tesla's surge in sales, major automakers such as General Motors and Toyota said on Friday that sales had plummeted, largely because of a shortage of parts.
Electric vehicle momentum is strong Tesla or will be firmly in the C position
Daniel Ives and John Katsingris, analysts at financial services provider Wedbush Securities, said in a note on Saturday that the first quarter sales were "a positive step in the right direction for Tesla to grow next."
Some analysts pointed out that since Tesla's Berlin factory has begun to produce Model Y for European customers, Tesla's delivery volume may reach 2 million units in 2022, which poses a challenge to German automakers that dominate the luxury car market.
Tesla's electric vehicle sales are currently in the dark, and electric vehicle sales are growing faster than other car types. As gasoline prices soar and remain high, ev sales may grow further.
For Wall Street, Tesla, with a market capitalization of more than $1 trillion, will become the dominant force in the electric vehicle industry.
At the same time, while established automakers have slowed down on the electric car track, such as Ford's delayed Muskang Mach E, the hot track is also becoming more and more crowded. If chip shortages ease later this year, as some industry executives predict, traditional automakers could take a bigger share of the eviction market.