Connect with us

Hi, what are you looking for?

CleanTechnica
Photo by CleanTechnica

Cars

Analyst: Q2 2022 Will Be “Monstrous” For Tesla

The second quarter of 2022 is shaping up to be a monstrous one for Tesla, according to a note written by Trip Chowdhry of Global Equities Research. Chowdhry noted in his monthly checks on Tesla’s Fremont factory that “May 2022 is off to an extremely strong Production, Shipments, and Deliveries.”

He pointed to recent photos of the factory, which show more shipping trucks this quarter compared with the last one. He also estimated that Tesla has increased its number of shipping trucks by at least 20%.

Chowdhry said in the note that “2Q is shaping to be a Monstrous Quarter.”

Teslarati added that there’s also the possibility that Tesla is using the Fremont factory to help pick up the slack from Shanghai, which has recently reopened and is doing well after closing temporarily to help prevent the spread of Covid-19. Teslarati also noted that the Fremont factory has an annual production run rate of 600,00 cars, or 150,000 per quarter.

Inside EVs pointed out that there was something unique about Chowdhry. He isn’t just some analyst using only models to predict numbers. And he isn’t just looking at headlines or Twitter to base his opinions on. He is probably the only analyst that personally checks up on the Fremont factory on a regular basis.

It’s pretty common for both Tesla’s supporters and critics to use drone footage and images of parking lots for their predictions. In Texas, Jeff Roberts and Joe Tegtmeyer have been an incredible help documenting the progress of Giga Texas from the start of its construction.

I have a feeling that Tesla’s next few years will have monstrous quarters. Tesla’s been on a record-breaking spree for the past year or so now, and it’s not stopping any time soon. In Q1 2022, Tesla grew its revenue to over $18 billion, for example. This year, both Giga Berlin and Giga Texas opened and are ramping up production.

 

 
Check out our brand new E-Bike Guide. If you're curious about electric bikes, this is the best place to start your e-mobility journey!
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Advertisement
 
Written By

Johnna owns less than one share of $TSLA currently and supports Tesla's mission. She also gardens, collects interesting minerals and can be found on TikTok

Comments

You May Also Like

Clean Transport

As Tesla’s stock faces recent falls, many investors fear overshooting the downside amidst pullbacks affecting the larger market. Still yet, some investors believe Tesla’s stock...

Batteries

Samsung SDI is working on shorter 46-millimeter diameter battery cells for unnamed auto manufacturers in Europe.

Clean Transport

Tesla has begun rolling out its insurance plans in a handful of U.S. states over the past few years, as one more piece of...

Clean Transport

Tesla Technoking Elon Musk, along with the Qatari Emir Sheikh Tamim bin Hamad Al Thani, were a few speakers at the Qatar Economic Forum...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.