Tesla Q1 2020 Vehicle Production & Deliveries
April 02 2020 - 4:05PM
In the first quarter, we produced almost 103,000 vehicles and
delivered approximately 88,400 vehicles. This is our best ever
first quarter performance.
|
Production |
Deliveries |
Subject to lease accounting |
|
Model S/X |
15,390 |
12,200 |
16% |
|
Model 3/Y |
87,282 |
76,200 |
5% |
|
Total |
102,672 |
88,400 |
7% |
|
Model Y production started in January and deliveries began in
March, significantly ahead of schedule. Additionally, our Shanghai
factory continued to achieve record levels of production, despite
significant setbacks.
Our net income and cash flow results will be announced along
with the rest of our financial performance when we announce Q1
earnings. Our delivery count should be viewed as slightly
conservative, as we only count a car as delivered if it is
transferred to the customer and all paperwork is correct. Final
numbers could vary by up to 0.5% or more. Tesla vehicle deliveries
represent only one measure of the company’s financial performance
and should not be relied on as an indicator of quarterly financial
results, which depend on a variety of factors, including the cost
of sales, foreign exchange movements and mix of directly leased
vehicles.
Investor Relations Contact
ir@tesla.com
Press Contact
press@tesla.com
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