Tesla stock jumped 5% in after-hours trading Wednesday after the electric vehicle maker beat Wall Street estimates for the first quarter of 2022 with record revenue

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Tesla cited continued challenges around its supply chain during the quarter that limited its ability to run factories at full capacity

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including chip shortages, COVID-19 outbreaks and multiple-fold price increases in some raw materials due to inflation.

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In March, vehicle production began at Gigafactory Berlin-Brandenburg using nonstructural packs with 2170 cells.

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In April, Tesla began delivering Model Y vehicles from its new factory in Austin Texas as well as its first vehicles with 4680 in-house made cells

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