Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Statista
Tesla just released its fourth-quarter vehicle production and delivery numbers for 2022. In the final quarter of 2022, Tesla produced 439,701 vehicles bringing annual production up to 1.37 million, up 47% from a year ago.
The automaker delivered 405,278 vehicles in Q4, missing the company-compiled consensus estimate of 417,957 deliveries for the quarter and 1.33 million deliveries for the year. Delivery numbers hold a lot of weight for Tesla investors as they are the closest approximation of sales disclosed by the company.
Tesla reported 1.31 million total deliveries in 2022, a growth of 40% over last year. While this growth rate is remarkable, the electric-car maker fell short of its initial goal of increasing annual deliveries by 50%.
In the third quarter of 2022, Tesla wrote: “Over a multi-year horizon we expect to achieve 50% average annual growth in vehicle deliveries. The rate of growth will depend on our equipment capacity, factory uptime, operational efficiency, and the capacity and stability of the supply chain.”
Such a growth rate would have required more than 1.4 million deliveries for the year. Tesla attributes this underperformance to changes in how the company distributes cars to customers. These changes led to more vehicles being in transit to their final destination at the end of the year.
The U.S. tax credit that went into effect in 2023 likely also played a role. Many customers chose to put off their deliveries in late 2022 so that they could benefit from the savings. Tesla eventually offered a discount to compensate customers who would miss out on the tax credit.
Tesla delivery numbers since 2012
Statista
The fourth quarter of 2022 was challenging for Tesla, primarily due to a Covid outbreak in China, which caused a temporary suspension of production at its Shanghai factory. During the fourth quarter, Tesla offered steep discounts and promotions in the U.S., China, and elsewhere to stimulate demand, putting pressure on its margins.
Despite a challenging quarter, Wall Street expects Tesla's 2022 sales growth to raise annual revenue by more than 50% from a year earlier and exceed $82 billion, according to analysts surveyed by FactSet.
Analysts predict that profit will increase more than 100% from 2021 to nearly $13 billion. Tesla's growth this year can be attributed to its two newly built factories in Austin, Texas and Brandenburg, Germany.
Tesla is set to report full fourth-quarter results on January 25th. Additionally, Tesla announced its first-ever Investor Day on March 1st, where the company will discuss its next-generation vehicle platform, among other topics.
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Tesla software update 2024.44.3 has started rolling out to customers in larger waves recently and it brings several new features - including Actually Smart Summon to Europe and the Middle East, as well as improvements to Autopark. But that’s not all, it also adds a new Blind Spot Monitoring feature to the new Model 3, and potentially the Cybertruck, but that’s still to be determined.
We previously covered the Blind Spot Warning While Parked as part of our preview notes for update 2024.44, but now that it's going out to customers, it's time to see it in action.
If the vehicle’s door open button is pressed, and a vehicle or object is near or incoming, the vehicle’s Blind Spot Warning Light (2024 Model 3 and Cybertruck) will illuminate, an audible tone will ring and the door won’t open. A message will also be displayed on the center displaying, letting driver’s know why the door didn’t open.
Pressing the button a second time will allow you to override the warning and open the door normally, providing a way to get out in case you just parked close to a nearby vehicle or obstacle.
The object detection for this new feature includes cars, pedestrians, cyclists, and other objects - like things including traffic cones, bollards, strollers, and other large obstacles that FSD and vision-based Autopark detect during normal operation. Of note - this only works for the front two doors. Thanks to X user Max, who did some testing for us, It does not work for the rear passenger doors.
Optional Feature
The feature is optional - it’ll be enabled by default for safety, but if you need to enable or disable it, you can do so under Controls > Safety. For now, the feature is only available on the 2024 Model 3, but we expect it to roll out to the Cybertruck at least. However, there’s no reason why it can’t be added to other vehicles as well, minus the small red dot. We expect Tesla to eventually add this feature to all Tesla vehicles, but it’s currently not a part of update 2024.44.
Enhauto’s S3XY Buttons & Commander
If that’s not enough safety and vision for you, Enhauto, the makers of the popular S3XY Buttons and Commander recently put out a new software update for the 2024 Model 3, which makes some fantastic use of the ambient lighting.
With Enhauto’s solution, users are able to tie their ambient lights to Autopilot use, turn signals or even if a vehicle is their blind spot. Check out the video below for this awesome implementation, where the ambient lights turn red when another vehicle approaches.
Maybe Tesla will integrate something like this into a future update? We’ve been hoping for more customizability with their ambient lighting - it's an easy safety win and a demonstration of Tesla’s do-more-with-less attitude.
I look forward to @enhauto updates more than Tesla...
Ambient light effects....
I set default color to white. Blinks green on turn signals Turns blue on FSD activation Yellow if someone in blind spot Blinks red if turn signal on and blind spot activity detected.
The feature is now possible thanks to what Wes Morrill, Cybertruck’s lead engineering, points out is a huge rewrite of Tesla’s Trip Planner, which not only makes it much more accurate but will now allow users to choose their arrival charge percentage.
More Accurate Trip Planner
When you navigate to a destination, your Tesla will automatically calculate when, where, and how much you need to charge. While the process seems straightforward, Tesla deserves a lot of credit for creating a simple user experience because a lot goes into accurately determining this information.
Tesla has to calculate many moving pieces in order to accurately predict when and where you should stop. First, it needs to consider your driving efficiency and wind direction, terrain elevation, traffic, vehicle speed, and ambient temperature. It also needs to predict the best Superchargers to stop at, taking into account congestion and charger speed.
This morning, in response to Dan Burkland, Wes shared that Tesla had significantly rewritten the backend portion of Trip Planner. These improvements, made by several engineers, were designed to improve Trip Planner’s accuracy and open the door to future features.
It sounds like these changes are mostly server-side, so thanks to their OTA connection, more accurate predictions should be available to all vehicles—no vehicle update is required.
Arrival State of Charge
Along with Tesla’s improvements to Trip Planner, Wes also stated that these improvements allow for a popular feature request — the ability to select your desired charge level at arrival.
Up until now, Tesla’s Trip Planner tried to get you to your destination as quickly as possible, which usually meant arriving with a low state of charge.
While this was fine if you have a charger at your destination, it’s not great if you don’t, or it could be even worse if there are no chargers nearby.
Max de Zegher said on X that he has heard the requests for a selectable arrival state of charge. Wes later clarified this by saying that these improvements to Tesla’s Trip Planner now allow for additional features to be added, such as “desired arrival charge.”
Actually trip planner got a huge rewrite on the back end. I had a great conversation with one of the engineers working on this over a morning run a few weeks back, it's pretty neat. The rewrite also unlocks additional features, like desired arrival charge.
Given that Max de Zegher’s comments came last night and Wes Morrill commented this morning, this feature request likely won’t arrive with the upcoming Holiday Update. Tesla actually hinted at such a feature being added in their last app update, so it does seem like they’ve already planned for it.
Although ‘Arrival State of Charge’ was on our wishlist for the Holiday Update, it looks like it may arrive soon after the holidays.
![First Look at Tesla’s New 'Blind Spot While Parked' Feature [VIDEO]](https://www.notateslaapp.com/img/containers/article_images/model-3-2024/blind-spot-indicator-monitor.jpg/4cdcb11af7b1c7cf021ba96588fd4f1a/blind-spot-indicator-monitor.jpg)
