Tesla Q4 2019 Vehicle Production & Deliveries
January 03 2020 - 8:16AM
In the fourth quarter, we achieved record production of almost
105,000 vehicles and record deliveries of approximately 112,000
vehicles. In 2019, we delivered approximately 367,500
vehicles, 50% more than the previous year and in line with our full
year guidance.
|
Production |
Deliveries |
Subject to lease accounting |
Model S/X |
17,933 |
19,450 |
14 |
% |
Model 3 |
86,958 |
92,550 |
7 |
% |
Total |
104,891 |
112,000 |
8 |
% |
We continue to focus on expanding production in both the US as
well as our newly launched facility in Shanghai. Despite breaking
ground at Gigafactory Shanghai less than 12 months ago, we have
already produced just under 1,000 customer salable cars and have
begun deliveries. We have also demonstrated production run-rate
capability of greater than 3,000 units per week, excluding local
battery pack production which began in late December.
Lastly, we want to thank our customers, employees, suppliers,
shareholders and supporters who made another record-breaking year
possible.
Our net income and cash flow results will be announced along
with the rest of our financial performance when we announce Q4
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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