Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

TL;DR

These numbers represented a new record for the Elon Musk-led automaker and growth of 40% in deliveries year-over-year.According to a consensus of analysts' estimates compiled by FactSet, as of Dec. 31, 2022 Wall Street was expecting Tesla to report deliveries around 427,000 for the final quarter of the year.The period ending Dec. 31, 2022 was marked by challenges for Tesla, including Covid outbreaks in China, which caused the company to temporarily suspend and reduce production at its Shanghai factory.In December, several analysts expressed concern about weakening demand for Tesla electric vehicles, which are relatively expensive compared with an increasing number of hybrid and fully electric products from competitors.Retail shareholders and analysts alike attributed some of Tesla's falling share price in 2022 to a so-called "Twitter overhang.""

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