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Tesla has missed its 2022 delivery target of 50%. The company published its production and delivery figures for Q4 2022 and the year as a whole and it was found that deliveries only rose 40%.

Tesla has quietly raised the prices of some of its vehicles by thousands of dollars. The new prices should discourage some buyers as it deals with higher costs linked to supply chain issues.

Elon Musk opened a new factory in Texas on Thursday evening. He said that the company is looking to start producing futuristic-looking robotaxis. Musk has previously said he wanted to build robotaxis.

Tesla has reported its production and delivery figures for Q4 2021 and the whole year. The firm reported almost a million deliveries over the year which is about double the deliveries it made in 2020.

Over the weekend, Tesla lowered the price on the Long Range AWD variant of the Model Y SUV. Soon after, CEO Elon Musk confirmed that the Standard Range variant is no longer in the cards.

Tesla is reportedly looking to establish its fifth gigafactory in Nashville, Tennessee. If built, the factory will produce Cybertruck and Model Y vehicles and serve central and eastern U.S.

Sources familiar with the matter have suggested that Tesla is going to hike vehicle prices in the Chinese market due to uncertainty around the Chinese yuan. The price hike is expected in September.