Tesla makes 40% sales growth, delivers 1.3m car in 2022

Electric car maker, Tesla, has announced making a 40% sales growth in 2022 after selling about 1.3m vehicles between Q1 and Q4.

The record, according to Tesla, was achieved after the company delivered more than 405,000 vehicles in the last three months of 2022.

While Tesla remains optimistic for another upward sales year, analysts have noted, however, that the motor industry in 2023 is expected to face slowing demand as potential customers worry about rising interest rates and recession concerns.