On July 2, 2024, Tesla announced its vehicle production and delivery figures for the second quarter of 2024, showcasing decent growth.
Production and Deliveries
In Q2 2024, Tesla produced approximately 411,000 vehicles and delivered around 444,000 vehicles, exceeding Wall Street’s predictions of 438,000 deliveries. This marks a notable achievement for the electric vehicle giant. The breakdown of the figures is as follows:
Model 3/Y:
• Production: 386,576 units
• Deliveries: 422,405 units
• Subject to operating lease accounting: 2%
Other Models:
• Production: 24,255 units
• Deliveries: 21,551 units
• Subject to operating lease accounting: 1%
Overall, the total production reached 410,831 vehicles, while total deliveries were 443,956 vehicles, with 2% subject to operating lease accounting.
Energy Storage Deployment
Tesla also reported deploying 9.4 GWh of energy storage products during the second quarter, the highest quarterly deployment in the company’s history. This achievement underscores Tesla’s expanding footprint in the renewable energy sector and its commitment to accelerating the world’s transition to sustainable energy.
Financial Results Announcement
Tesla is set to post its financial results for Q2 2024 on Tuesday, July 23, 2024, after the market closes. The company will issue a brief advisory, accessible via Tesla’s Investor Relations website.
Webcast Details
Tesla management will host a live Q&A webcast on the same day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the financial and business results. The webcast will be available live and on replay at ir.tesla.com. An archived version of the webcast will be accessible approximately two hours after the session concludes.
