Tesla Q3 2019 Vehicle Production & Deliveries
October 02 2019 - 4:31PM
In the third quarter, we achieved record production of 96,155
vehicles and record deliveries of approximately 97,000 vehicles.
|
Production |
Deliveries |
Subject to lease accounting |
Model S/X |
16,318 |
17,400 |
15 |
% |
Model 3 |
79,837 |
79,600 |
8 |
% |
Total |
96,155 |
97,000 |
|
In addition, we achieved record net orders in Q3 and are
entering Q4 with an increase in our order backlog. As was also
the case in Q2, nearly all of our Model 3 orders were received from
customers who did not previously hold a reservation, solidifying
the transition to generating strong organic demand. We are
continuing to focus on increasing production to meet that
demand.
Our net income and cash flow results will be announced along
with the rest of our financial performance when we announce Q3
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.
press@tesla.com
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