Tesla: Record Deliveries In 6th Straight Quarter

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Originally published on EV Obsession.

Tesla quarterly salesTesla’s electric vehicle (EV) sales just seem to keep rising and rising…. With the release of official company sales figures for the third quarter of 2015, we now know that Tesla delivered 11,580 EVs during that period — representing a 49% increase over the same period of time in 2014.

In addition to that fact, it should probably also be noted the delivery figures for the third quarter of 2015 also represent the sixth straight quarter of growth for the highly scrutinized company.

Despite being essentially official figures, there may well end up being a small change to the numbers following a review of paperwork, probably considerably less than a 1% difference, though. “Tesla only counts a delivery if it is transferred to the end customer and all paperwork is correct.”

Despite the fact that the numbers are really quite notable, the recent press release revealing them did rightfully note: “Also, this is only one measure of our financial performance and should not be relied on as an indicator of our quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements, and mix of directly leased vehicles.”

Well, perhaps — but they can’t really blame us for trying to use the numbers as a marker of performance, can they? 🙂

Regardless of the numbers, though, things really do seem to be going quite well for the company. Following the very successful launch of the Model X, CEO Elon Musk said that even Model S sales have picked up notably since the launch. This is presumably due simply to greater exposure — the launch, after all, was widely covered by the mainstream media. Given the backlog for Model X deliveries (current pre-orders won’t be delivered until late 2016), I would guess that people see the X, want it, but don’t want to wait, so they get a Model S instead. Either way, though, Tesla execs are probably quite happy.

h/t Bob Wallace for the chart idea.

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James Ayre

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

James Ayre has 4830 posts and counting. See all posts by James Ayre

14 thoughts on “Tesla: Record Deliveries In 6th Straight Quarter

  • I like the piano effect of your plots 🙂

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  • What is the estimate of say 25.000 per quarter and 50.000 per quarter (what year)?
    Looking at the graph, perhaps early 2017?
    For Tesla to sell 500.000 per year, their intermediate goal, sales will have to be near 125.000 unit per quarter.

    • The big seller will be Model 3. It will be massively produced. It is not relevant to this graph.

    • 25k per quarter in late 2017 or early 2018. 50k per quarter in 2020.

      • I thought they were aiming for 500k per year in 2020.

        • It’s Teslas aim, but not nowhere close to where a true estimate would lie. =) If they can get close to that in 2023 it would be very impressive.

          According to Teslas aim they would be doing more than 25k per quarter in on average in 2016.

  • So they have to shift approx 17,000 in Quarter 4 to hit their 50,000 cars target for this year which means they have to sell almost double Q14 2014. It will be interesting to see how close they get. Keep everything crossed 🙂

    • They’ll finally have the second production line up and running, so they do have a shot.

      • Where can one read about that?

  • When will they hit 200,000 and lose the $7,500 tax credit? I know if one has to be concerned about $7,500 then they shouldn’t be in the market for such an expensive car, but every little bit helps to convince the wife that we need to buy it [;o)

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