The industrial apparatus has nevertheless been strengthened this year with the inauguration by Elon Musk of two new production sites: one in April in Austin, Texas and Berlin in Germany.
Tesla had taken the lead in April by warning that supply problems, which affect all companies in the automotive industry (eg battery shortages in China), would continue to disrupt the group’s manufacturing until the end of the year. anne. While Tesla had planned to produce more than 1.5 million cars this year, that goal was eventually reduced to 1.4 million.
In the second quarter, Tesla Wall Street shares lost 38%. After the disappointment on the second quarter deliveries, Jefferies confirmed its advice to buy and its target of 1050 dollars. JP Morgan maintained its sell advice.
The most optimistic American financial circles on Wall Street expect Tesla to generate around $745 million in free cash flow in the second quarter, compared to $2.2 billion in the first quarter of 2022.
More bad news on the European continent this time: more than 59,000 Tesla Model 3 and Y 2022 vehicles will almost certainly have to be recalled in Germany in the coming days. A software bug has indeed been detected in the eCall emergency function, which automatically calls the emergency services in the event of an accident.