American EV giant Tesla apparently had a stable estimated order backlog for its worldwide operations last month from January 2023. Trusted source for Tesla stats Troy Teslike revealed through its Twitter post that the automaker’s estimated order backlog was 106,000 units as of February 15.
For reference, the order backlog was 107,000 as of January 15. However, it marginally dropped to 87,000 as of January 31.
Tesla’s previous order backlog records
It must be noted that February 15’s record of 106,000 units was accumulated within approximately 20 days of production capacity, per the report.
Meanwhile, here are Tesla’s preceding order backlog from January 2022 up to date:
Period | Order Backlog | Production Capacity |
February 15, 2023 | 106,000 | 30 days |
January 31, 2023 | 87,000 | 26 days |
January 15, 2023 | 107,000 | 30 days |
December 31, 2022 | 74,000 | 23 days |
December 8, 2022 | 163,000 | 40 days |
November 30, 2022 | 190,000 | 44 days |
October: 31, 2022 | 285,000 | – |
September 30, 2022 | 299,000 | – |
August 31, 2022 | 385,000 | – |
March-July, 2022 | around 470,000 | – |
January-February, 2022 | less than 400,000 | – |
As depicted in the table, Tesla bucked the trend by significantly lowering prices across the world. In line with the existing production output, it has begun to receive more orders than it previously did.
Tesla’s estimated order backlog per market
As the report noted, Tesla’s estimated order backlog as of February 15 covers the automaker’s markets worldwide.
Below are the numbers on a few markets via Troy Teslike:
Markets | Order Backlog | Production Capacity |
United States | 56,951 | 38 days |
Canada | 4,511 | 50 days |
Europe | 17,573 | 22 days |
China | 13,610 | 17 days |
Other | 13,645 | 69 days |
Total | nearly 106,290 | 30 days |
Interestingly, the US saw an increase in Tesla’s estimated order backlog by more than 18,000 units in just a month. That said, the EV giant’s significant price cuts and federal tax credit eligibility of up to $7,500 effectively increased orders more than Tesla can produce. It is also important to note that the company’s supply and demand conditions have been balanced due to these price reductions.
However, the European market saw a decrease in Tesla’s order backlog by more than 12,000 units. We can tell how the US Inflation Reduction Act has positively affected Tesla’s operations compared to Europe. On the other hand, the world’s largest auto market (China) was steady as of February 15.
Below are Troy Teslike’s recorded numbers for Tesla’s global order backlog: