Tesla reported Saturday that it delivered more than 305,000 electric vehicles in the first quarter, a record-breaking figure that was in line with analyst expectations even as production suffered due to supply chain constraints and COVID-related factory shutdowns.

“This was an exceptionally difficult quarter due to supply chain interruptions & China zero Covid policy,” CEO Elon Musk tweeted Saturday. “Outstanding work by Tesla team & key suppliers saved the day.”


Tesla reported that it produced 305,407 vehicles and delivered 310,048 vehicles in the first quarter. The vast majority of vehicles produced and delivered were Model Y and Model 3 vehicles. Tesla delivered 295,324 Model Y and Model 3 vehicles. It delivered 14,724 Model S and Model X vehicles. The delivery figures were in line or beat analysts’ expectation depending on the polled group. Analysts surveyed by Refinitiv showed expectations of 308,836 vehicle deliveries while those polled by Factset anticipated 317,000. However, production was down slightly from 305,840 in the previous quarter due to factory shutdowns and supply chain issues.


Tesla’s first-quarter delivery and production report comes amid increasing pressure in China where a surge in COVID-19 cases has prompted the government to issue lockdown. Tesla idled production at its factory Shanghai twice in March. Tesla’s Gig factory Shanghai produces about 2,000 vehicles daily, mostly Model Ys and Model 3s for Chinese consumers and the European market.