Electric vehicle maker, Tesla recorded a 37% increase in total revenue to reach a record $24.3 billion during the last quarter of 2022. Vehicle deliveries rose 31.3% YoY to 405,278 vehicle deliveries within the quarter, bringing the 2022 annual total to 1.3 million units.

Riding on the record 405,278 vehicle deliveries in Q4 2022, the company generated more than $20 billion from automotive sales. Deliveries rose 31.3% YoY in Q4, bringing the 2022 annual total to 1.3 million units.

The US was its leading market in Q4, followed by China and Europe.

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