Tesla Delivers Record 139,300 Vehicles In 3rd Quarter — New Graphs & Chart
Tesla has released its 3rd quarter production and delivery numbers, both figures were new quarterly records for the company.
Tesla has released its 3rd quarter production and delivery numbers, both figures were new quarterly records for the company.
Tesla has published its Q2 2020 production and delivery numbers. (Look’s like CleanTechnica’s Frugal Moogal nailed it.) We’ll have more on this later, but here are Tesla’s production and delivery figures for Q2 2020.
Tesla has yet again broken some records. This time it broke its previous 1st quarter production and delivery records. With 102,672 vehicles produced and 88,400 delivered, despite both its Fremont factory and its Shanghai Gigafactory being shut down for periods of time last quarter due to the coronavirus.
When companies report earnings, the financial news mentions how the company’s revenue and earnings per Share (EPS) performed against professional estimates. If a company beats both, the stock price will usually go higher. And if they miss both, the stock price will go the opposite way, lower. If either misses, financial analysts will ask management questions on the conference call to get a better idea of how the underlying business is doing.
There are various Tesla production “trackers” out there. None of them are perfect. Who knows what the heck is really going on anyway? And even when Elon Musk himself seems to know what’s going on, a new hiccup (or dagger from the devil ruling production hell) can end up changing the story. That said, recent indicators I’ve seen imply that Tesla is approaching a solid 7,000+ cars a week again.
Tesla’s second quarter vehicle production and delivery update is essentially an official sigh of relief after more than a year of what Elon Musk calls “production hell.”
Tesla says it built 34,494 cars in the first quarter of 2018 — its best quarter ever. Model 3 production was slightly less than predicted but was ramping up strongly toward the end of the quarter.
As I was editing this fresh article from Steve Hanley, I rolled up to the end and this line triggered the article I’m typing up right now:
Update: Elon just said seconds ago on the conference call that his desk is at the end of the Model X production line and he has a sleeping bag on hand for sleeping there near the production line when needed…. Whoa. Update: You can now listen to the full Tesla conference … [continued]
Originally published on EV Obsession. As we all know, Tesla Model X production was delayed for years. I’ve seen strong arguments that was strategic (Model S demand was much higher than initially anticipated) more than forced, but very few people know what the actual story was. In any case, though, … [continued]