A view shows the Tesla logo on the hood of a car in Oslo, Norway November 10, 2022. REUTERS/Victoria KlestyTesla's stock in 2022 suffered worst year since going publicon Monday reported record production and deliveries for fourth-quarter electric vehicles, but it missed Wall Street estimates, under the burden of logistics problems, slowing demand, rising interest rates and fears of recession.
The world's most valuable automaker delivered 405,278 vehicles in the last three months of the year, compared with Wall Street expectations of 431,117 vehicles, according to Refinitiv data.Tesla delivered 388,131 Model 3 compact sedans and Model Y sports utility vehicles compared with 17,147 Model X and Model S luxury cars.
Among other headwinds for Tesla, analysts have cited demand weakness in the world's top auto market China, as well as stiff competition from legacy automakers such as Ford Motor Co
Fake news
$PNSY Report: Polestar Achieved Its Goal Of 50,000 Deliveries In 2022
Any so much negativity on Tesla? They just missed their forecast by 358 cars. It's hardly a big deal or a newsworthy item. Stop taking potshots to boost your readership Reuter. It won't work. elonmusk I'm doing your marketing f or you in Australia. Gimme money Kidding ♾️
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