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Tesla’s run of record quarterly deliveries comes to an end thanks to China’s COVID shutdowns

Tesla introduced it had delivered 254,695 autos throughout the second quarter of 2022, about an 18 % drop from the earlier quarter. The report, which was revealed on Tesla’s website, indicators an end to a virtually two-year-long run of record quarterly deliveries for Elon Musk’s firm, which might largely be attributed to prolonged COVID-related shutdowns of its manufacturing unit in Shanghai.

Tesla stated the Model 3 and Model Y autos made up 238,533 of these deliveries, whereas 16,162 had been for the Model S and Model X autos. On the manufacturing facet of issues, Tesla stated it managed to construct a complete of 258,580 autos.

China has been essential to the corporate’s rise to its standing as one of probably the most invaluable automakers on the earth. But Tesla’s Shanghai Gigafactory has been caught in a seemingly countless loop of openings and closures in latest months, because the nation’s strict COVID lockdown coverage has taken its toll.

In March, Tesla shuttered its Shanghai manufacturing unit for 2 days amid a spike in COVID-19 circumstances, and closed the manufacturing unit as soon as once more in April as Shanghai continues to grapple with a city-wide lockdown. The Shanghai plant is the corporate’s largest, producing each Model 3s and Model Ys.

Tesla not too long ago opened its first European manufacturing unit in Berlin, Germany, and held a “cyber rodeo” to rejoice the grand opening of its Austin, Texas Gigafactory — each of which may assist offset manufacturing points attributable to the COVID-related lockdowns in Shanghai. Musk not too long ago described each factories as “gigantic money furnaces” which are “losing billions of dollars” as provide chain constraints proceed to constrain the corporate’s plans.



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