Tesla Inc. said on Saturday its global deliveries fell to 254,695 in the second quarter, snapping a two-year streak of gains, as a COVID-related shutdown in Shanghai hit production and supply lines.
In the preceding quarter, the U.S. electric vehicle maker delivered 310,048 vehicles globally. Sales totaled 201,250 in the second quarter a year ago.
Analysts expected Tesla to report deliveries of 295,078 vehicles during the April-June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China's prolonged lockdown.
Tesla said it delivered 238,533 Model 3 compact cars and Model Y crossovers, as well as 16,162 Model S and Model X vehicles to customers in the quarter.
Total production fell 15 percent to 258,580 vehicles from the first quarter. Still, June 2022 marked a monthly high for vehicle production in Tesla's history, the company said Saturday.
Deliveries are one of the most clos…