The world’s largest electric car manufacturer Tesla failed to meet analysts’ expectations in the third quarter despite record deliveries. According to its own information on Sunday, the US company handed over 343,830 cars to its customers in the reporting period. However, experts had expected an average of 359,162 vehicles.
Tesla was slowed down by production interruptions due to corona lockdowns at its Shanghai plant and logistics problems. As production volumes continue to increase, it becomes increasingly difficult to secure vehicle hauling capacity at a reasonable cost during peak logistics weeks, Tesla said. In the third quarter of 2021, Tesla delivered 241,300 cars. Total production increased in the reporting period by 42 percent to 365,923 vehicles compared to the previous quarter.
According to internal plans, Tesla wants to significantly increase production of its best-selling electric vehicles Model Y and Model 3 in the fourth quarter and continue this growth with the ramp-up of the plants in Austin and Grünheide near Berlin by 2023. The US company wants to produce almost 495,000 Model Y and Model 3 vehicles in the final quarter of 2022, according to internal plans that Reuters was able to see on Friday. That would be around 40 percent more than the average analyst forecast.
Tesla would thus also almost tenfold the growth of the global automobile market forecast for 2023 with an increase in production of more than 50 percent. In the past, however, Tesla has set goals several times, which it then had to withdraw.
Tesla builds 2000 cars per week in Grünheide
Tesla has reached a weekly production of 2000 vehicles at the Grünheide plant near Berlin a good six months after the start. The electric car maker gave up the brand over the weekend Twitter known. There was also a photo of employees next to a Tesla with the lettering “2000” stuck on it – just like when the 1000 mark was reached in mid-June.
The plant, which opened in March, is Tesla boss’s only European factory Elon Musk. The company wants to produce 500,000 electric cars a year there with 12,000 employees. Production is still under construction. According to dpa information, the target for the first quarter of 2023 is 5,000 vehicles per week.