Tesla has reported record quarterly deliveries for the fourth quarter of 2022, but the numbers fell short of analysts' estimates. The electric car maker delivered 184,800 vehicles in the quarter, beating its previous record of 180,580 deliveries set in the third quarter. However, analysts had been expecting deliveries of around 186,000, and the miss sent Tesla's stock down in after-hours trading.
Despite the missed estimates, Tesla CEO Elon Musk hailed the company's performance as "truly remarkable." In a statement, Musk said that the company had made "significant progress" in ramping up production and had achieved "record levels of efficiency." He also noted that the company had delivered nearly 500,000 vehicles in 2022, a 74% increase over the previous year.
While the missed estimates may be a disappointment to some investors, there is no denying that Tesla had a strong quarter. The company has seen strong demand for its vehicles, particularly in the Chinese market, and has made significant strides in increasing production. Tesla has also made progress on expanding its manufacturing capabilities, with new factories under construction in Texas and Germany.
Looking ahead, Tesla is expected to continue to see strong demand for its vehicles. The company is planning to roll out new models, including the Cybertruck and the Model S Plaid, which are expected to be popular with consumers. Tesla is also planning to expand its production capacity, with new factories and gigafactories planned for several locations around the world.
Overall, while the missed estimates may be a minor blip in the company's otherwise strong performance, Tesla is well positioned for continued growth in the coming years.
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