Tesla sets new record for production and deliveries in Q2

Tesla has set new records for production and deliveries of its electric cars in the second quarter of 2023. 479,700 vehicles were produced from April to June – an increase of 38,892 compared to the previous record quarter.

In Q1/2023, 440,808 electric cars were produced, and 422,875 were delivered. With 466,140 vehicles, deliveries in the second quarter are also at a new record high (+43,265 compared to January to March 2023). However, that also means that Tesla has built more cars than it delivered in both quarters of this year – 31,493 vehicles more, to be precise.

Broken down by model series, the situation is as follows: 19,489 of the luxury class models Model S/X were built in Q2 and 19,225 vehicles were delivered. Both models are only manufactured at Tesla’s former main plant in Fremont, California. Between April and June, 460,211 units of the mid-range Model 3/Y series rolled off production lines – the Model Y, in particular, is now built in four plants worldwide – and 446,915 units were handed over to customers. That means that even the two smaller Tesla models would have been enough to set a new quarterly record.

In the notoriously brief mandatory reports on production and deliveries for each quarter, Tesla often briefly assesses the course of business in one or two sentences. In this case, however, there is no additional information at all. The announcement consists of one sentence (“In the second quarter, we produced nearly 480,000 vehicles and delivered over 466,000 vehicles.”), a brief table showing the model breakdown and a reference to the release of the Q2 financial results due on 19 July.

With records set in both quarters in 2023, it’s hardly surprising that Tesla has also set new records for the half-year: 920,508 electric cars were built and 889,015 delivered in the first six months of the year. That means the carmaker is not only on track to reach its annual target of 1.8 million BEVs in 2023 (or possibly exceed it with the usual push to the end of the year), but also continues to show enormous growth. In 2021, Tesla delivered 936,172 vehicles during the whole year – 18 months later, that figure was reached in almost half a year. And the 2020 result of 499,550 cars was (almost) reached in just one quarter.



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