Tesla deliveries increased 40% in 2022 compared to 2021 but that was not enough to meet Musk's goals or satisfy Wall Street.
the consensus of analysts’ estimates compiled by FactSet as of December 31 was that Tesla was expected to report deliveries of around 427,000 for the fourth quarter.At the time of the company’s third quarter earnings call, 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.
. But not even the great and powerful Musk can counter the economic crosscurrents caused by war, famine, inflation, climate change, and a resurgent Covid-19 epidemic that is pummeling the Chinese economy. By now, most people know Elon is as much about hype as he is about reality. He is close to being a flim flam man, a PT Barnum style promoter, and a spinner of fables.
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