American Automaker Tesla recorded growth in EV sales in Q1 2023 shipping 422,875 units of its electric cars to customers during the quarter, a 36% YoY increase compared to Q1 2022's 310,048, beating Wall Street estimates of 420,000 units.

This number also marks a 4% increase from the last quarter that ended in December 2022 in which delivery hit 405,278 (a record for the EV maker at the time).

CHART: Tesla EV deliveries grew 40% YoY to over 1.31 million in 2022
Tesla reported 1.31 million electric vehicle deliveries in its published fourth-quarter vehicle production and delivery report for year-end 2022 missing its goal of achieving 50% growth year-over-year. Analysts were hoping for a robust 1.8 million delivery in the year, the automaker had also set…

For Q1 2023, Tesla listed Model 3 and Y deliveries at 412,180. Meanwhile, the combined Model S and Model X deliveries hit just 10,695 a drop from the 14,724 units delivered in the same quarter last year.

This post is for subscribers only

Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Subscribe now