Claims

Guidance · Their own work or organisation

“we do expect significant growth in 2022 over 2021, you know, comfortably above 50% growth in 2022.”

Elon Musk, Tesla CEO · 27 January 2022 · Tesla Q4 2021 Earnings Call Transcript (Motley Fool)

Tesla expects growth in 2022 over 2021 comfortably above 50%.

Resolved false The record shows it did not happen or was not so.

Said for an organisation they lead or work for; it counts on both records.

What would count as true or false

Measure: growth in Tesla's total vehicle deliveries in 2022 over 2021, as reported by Tesla. This is the measure behind Tesla's stated 50% annual growth target. The bound is 'comfortably above 50%'. TRUE: growth of about 55% or more. MOSTLY TRUE: growth above 50% but under about 55% (above the bound, but not comfortably). MOSTLY FALSE: growth of 49% to 50%. FALSE: growth below 49%.

Evidence

1. Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2022 | Tesla Investor Relations Tesla Investor Relations (Business Wire) · 2 January 2023 Own record

   “In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million.”

2. Tesla TSLA Q4 2022 vehicle delivery and production numbers CNBC · 2 January 2023

   “Total annual deliveries 2022: 1.31 million”

3. Tesla Q4 2021 Vehicle Production & Deliveries | Tesla Investor Relations Tesla Investor Relations (Business Wire) · 2 January 2022 Own record

   “In 2021, we delivered over 936,000 vehicles.”

Reasoning

In its full-year 2022 release, Tesla says vehicle deliveries grew 40% year over year to 1.31 million (E1). CNBC, an independent source, gives the same 1.31 million total for 2022 (E2). Tesla reported over 936,000 deliveries for 2021 (E3), which also puts growth at about 40%. That is well under the 49% line for false, so the 'comfortably above 50%' expectation resolved false.

Cite this claim

Elon Musk, “Tesla expects growth in 2022 over 2021 comfortably above 50%.” (said 27 January 2022). Verdict: resolved false. Reliability API, claim c_1e79e5f2ef1c, method 0.1.0+c876030c. https://epistacklabs.com/claims/c_1e79e5f2ef1c