Tesla Q1 2024 deliveries at 386,810
April 02 2024 - 2:26PM
IH Market News
Tesla Inc. (NASDAQ:TSLA) revealed on Tuesday in a press release
that its deliveries in the first trimester of 2024 reached 386,810
units, going lower than estimates. The number of vehicles produced
in the reported quarter was 433,371 units.
The electric carmaker stated that the decrease in quantities
“was partially due to the early phase of the production ramp of the
updated Model 3 at our Fremont factory and factory shutdowns
resulting from shipping diversions caused by the Red Sea
conflict and an arson attack at Gigafactory Berlin.”
For the first three months of 2024, 369,783 Model 3/Y units were
delivered from 412,376 produced. Meanwhile, other models’
deliveries amounted to 17,027 from 20,995 manufactured. The
company’s stock plummeted 7.53% in the premarket, following the
release of the report.
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