Tesla recently unveiled its production and delivery report for the first quarter of 2024. The company disclosed that it delivered 386,810 vehicles during this period, falling short of the projected 430,000 deliveries.
Here is a visual representation of the Q1 2024 figures:
In Q1 2024, Tesla delivered a total of 386,810 vehicles. The majority of these deliveries, 369,783, were Model 3/Y vehicles. Additionally, Model S and Model X deliveries totaled 17,027, possibly impacted by Cybertruck sales categorized under “other models.”
Regarding production, Tesla manufactured 433,371 vehicles in Q1 2024. The breakdown reveals that the Model 3/Y accounted for 412,376 units, with the Model S/X (along with some Cybertrucks) at 20,995.
Tesla attributed the delivery shortfall to various factors, including challenges during the initial production phase of the updated Model 3 and operational disruptions caused by conflicts and incidents at their facilities.
Tesla is scheduled to release its financial results for Q1 2024 after the market closes on Tuesday, April 23, 2024.
Reflecting on the Past
In the previous quarter, Q4 2023, Tesla delivered 484,507 vehicles. Of these, Model 3/Y accounted for 461,538 deliveries, while Model S and Model X deliveries reached 22,969. Production figures for Q4 2023 totaled 494,989 vehicles, with the Model 3/Y contributing 476,777 units, leaving 18,212 for Model S/X and Cybertruck production.
Throughout 2023, Tesla delivered 1,808,581 vehicles and produced 1,845,985 units. The Model 3/Y dominated deliveries with 1,739,707 units, while “other models” including the Model S, Model X, and some Cybertrucks made up the rest.