Published on April 3rd, 2017 | by James Ayre0
Tesla Record: ~25,000 Vehicles Delivered During Quarter 1 2017
April 3rd, 2017 by James Ayre
Tesla set a new (personal) delivery record during Quarter 1 2017, with a total of around 25,000 vehicles delivered during the quarter, according to an email Tesla sent to CleanTechnica.
Of that total delivery figure of 25,000, around 13,450 relate to Model S deliveries and around 11,550 relate to Model X deliveries. Altogether, the number represents a roughly 69% year-on-year increase (over Quarter 1 2016). The nearly 50–50 split hints that Tesla CEO Elon Musk’s estimate a long time back that S and X demand would likely end up similar was correct. Of course, we need more time to see how demand for these vehicles plays out, but Model X demand has gradually climbed to around the same demand as the Model S as production has ramped up, awareness of the vehicle has grown, and initial production and software bugs have been worked out.
The email worded things this way: “Tesla delivered just over 25,000 vehicles in Q1, of which approx 13,450 were Model S and approx 11,550 were Model X. This was a new quarterly record for us and represents a 69% increase over Q1 2016. 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%.”
Notably, there were also around 4,650 vehicles in transit to buyers at the close of Q1 2017. These vehicles were, of course, scheduled for delivery during Q2 2017. That’s a solid entry into the quarter.
In addition to the personal delivery record, Tesla also set a new production record of 25,418 vehicles during Q1 2017.
So, taken as a whole, the new figures are yet more evidence that Tesla’s growth plans seem to be panning out quite well (so far). I’m sure that some short sellers will still find a way to spin this negatively, though.
In related news, we should probably be getting more information on the commencement of Model 3 production relatively soon, as that will reportedly occur in ~3 or so months.