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Tesla increases production and deliveries again - electrive.com

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After just under 410,000 Teslas were built in Q2/2024, the number was almost back up to 470,000 in Q3. The figure from the previous year was also exceeded."><meta name="robots" content="index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1"><link rel="canonical" href="https://www.electrive.com/2024/10/02/tesla-increases-production-and-deliveries-again/"><meta property="og:url" content="https://www.electrive.com/2024/10/02/tesla-increases-production-and-deliveries-again/"><meta property="og:site_name" content="electrive.com"><meta property="og:locale" content="en_US"><meta property="og:type" content="article"><meta property="og:title" content="Tesla increases production and deliveries again - electrive.com"><meta property="og:description" content="Tesla once again achieved higher production and delivery figures for the third quarter. After just under 410,000 Teslas were built in Q2/2024, the number was almost back up to 470,000 in Q3. 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category-data tag-bev tag-cybertruck tag-data tag-model-3 tag-model-s tag-model-x tag-model-y tag-semi tag-tesla"><article class="site-layout-container"><div class="posts__single has-layout-reset is-format-standard"><div class="adbox-article-headline"><div id='div-gpt-ad-1724753616865-0' style='min-width: 300px; min-height: 250px;'> <script src="data:text/javascript;base64,Z29vZ2xldGFnLmNtZC5wdXNoKGZ1bmN0aW9uKCl7Z29vZ2xldGFnLmRpc3BsYXkoJ2Rpdi1ncHQtYWQtMTcyNDc1MzYxNjg2NS0wJyl9KQ==" defer></script> </div></div><div class="posts__single__title module-heading"><div class="topline"><div class="posts__meta"><span class="category meta-term"><a href="https://www.electrive.com/category/automobile/" title="Automobile">Automobile</a></span></div></div><h1 class="heading">Tesla increases production and deliveries again</h1></div><div class="posts__single__meta"><div class="teasertext"><p><strong>Tesla once again achieved higher production and delivery figures for the third quarter. After just under 410,000 Teslas were built in Q2/2024, the number was almost back up to 470,000 in Q3. The figure from the previous year was also exceeded.</strong></p></div><figure class="thumbnail"><div class="wrapper has-caption"> <img data-lazyloaded="1" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSIxNDAwIiBoZWlnaHQ9IjkzMyIgdmlld0JveD0iMCAwIDE0MDAgOTMzIj48cmVjdCB3aWR0aD0iMTAwJSIgaGVpZ2h0PSIxMDAlIiBzdHlsZT0iZmlsbDojY2ZkNGRiO2ZpbGwtb3BhY2l0eTogMC4xOyIvPjwvc3ZnPg==" width="1400" height="933" data-src="https://www.electrive.com/media/2024/07/tesla-model-3-y-s-x-cybertruck-flotte-fleet-2024-1400x933.jpg" class="attachment-large size-large" alt="" decoding="async" fetchpriority="high" /></div><figcaption><div></div><div>Image: Tesla</div></figcaption></figure><div class="sidebar"><div class="author">By Carla Westerheide</div><div class="date">02.10.2024 - 16:08 <br></div><div class="focus-tags"><ul class="tags"><li class="tag"><a href="https://www.electrive.com/tag/tesla/" title="Tesla">Tesla</a></li><li class="tag"><a href="https://www.electrive.com/tag/bev/" title="BEV">BEV</a></li><li class="tag"><a href="https://www.electrive.com/tag/data/" title="Data">Data</a></li></ul></div><div class="c-interactions"><ul class="options"><li class="share"> <a href="#" class="button interactions-sharing" title="Teilen"></a><ul class="sub-options"><li><a href="https://twitter.com/share?url=https%3A%2F%2Fwww.electrive.com%2F2024%2F10%2F02%2Ftesla-increases-production-and-deliveries-again%2F&text=Tesla+increases+production+and+deliveries+again&via=electrive" title="Teilen auf X">X</a></li><li><a href="https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.electrive.com%2F2024%2F10%2F02%2Ftesla-increases-production-and-deliveries-again%2F&title=Tesla+increases+production+and+deliveries+again" title="Teilen auf LinkedIn">LinkedIn</a></li><li><a href="https://www.facebook.com/sharer.php?u=https%3A%2F%2Fwww.electrive.com%2F2024%2F10%2F02%2Ftesla-increases-production-and-deliveries-again%2F" title="Teilen auf Facebook">Facebook</a></li></ul></li><li class="print"><a href="#" onclick="window.print()" class="button" title="Drucken"></a></li><li class="comments"><a href="#post-comments" class="button has-comments" title="Kommentare"><span class="comment-num">1</span></a></li></ul></div></div></div><div class="posts__single__content"><div class="content"><p class="wp-block-paragraph ">Specifically, Tesla built 469,796 cars in the third quarter and delivered 462,890 to customers. That is an increase of 14.3 per cent in production and 4.3 per cent in deliveries. However, deliveries in the second quarter were distorted by a one-off effect: In the first quarter, Tesla had still built 46,500 more vehicles than could be delivered by the end of the quarter &#8211; this ‘overhang’ was thus only included in the <a href="https://www.electrive.com/2024/07/02/tesla-increases-deliveries-but-not-production-numbers/">delivery statistics in Q2</a>. in the third quarter, the situation has returned to normal, with production once again exceeding deliveries by several thousand units.</p><p class="wp-block-paragraph ">The current quarterly result also means that Tesla outperformed the production and delivery figures<a href="https://www.electrive.com/2023/10/04/teslas-deliveries-and-production-numbers-in-slight-decline/"> from Q3 2023</a>. At that time, Tesla had produced 430,488 electric cars and delivered 435,059 units. However, it should also be mentioned that the third quarter of the previous year was the beginning of Tesla&#8217;s temporary slowdown. The trend is now pointing upwards again.</p><p class="wp-block-paragraph ">Nevertheless, analysts&#8217; expectations were not fully met. <em>Reuters</em> had reported in advance that Wall Street estimates were assuming an average increase in deliveries of eight per cent. The reason given for the (expected) growth was &#8220;extended incentives and lucrative financing plans in the world&#8217;s largest auto market, China.&#8221; It is not known whether the development in China is responsible for the actual increase in deliveries of 4.3 per cent.</p><div class="module-html" ><div class="flourish-embed flourish-chart" data-src="visualisation/17394227"><script src="https://public.flourish.studio/resources/embed.js" defer data-deferred="1"></script><noscript><img decoding="async" src="https://public.flourish.studio/visualisation/17394227/thumbnail" width="100%" alt="chart visualization" /></noscript></div></div><div class="module-html" ><div class="flourish-embed flourish-chart" data-src="visualisation/17394267"><script src="https://public.flourish.studio/resources/embed.js" defer data-deferred="1"></script><noscript><img decoding="async" src="https://public.flourish.studio/visualisation/17394267/thumbnail" width="100%" alt="chart visualization" /></noscript></div></div><p class="wp-block-paragraph ">In fact, Tesla&#8217;s announcement consists of just one sentence (&#8220;In the third quarter, we produced approximately 470,000 vehicles, delivered approximately 463,000 vehicles and deployed 6.9 GWh of energy storage products&#8221;), a small table and a date for the upcoming Q3 financial results, which the carmaker will make public Wednesday 23 October.</p><p class="wp-block-paragraph ">All that remains is to look at the aforementioned table. Most of the growth in production and deliveries was (as expected) attributable to the Model 3 and Model Y. Tesla manufactured 443,668 units total of the two models in Q3 and delivered 439,975 &#8211; significantly more than in Q2. There was also a slight increase in &#8220;other models,&#8221; with Tesla reporting 26,128 vehicles built and 22,915 delivered. As the category &#8220;other models&#8221; includes the Model S, Model X, the two new Cybertruck series, and the Semi electric truck, the growth compared to Q2 (production +1,873 vehicles, deliveries +1,364 vehicles) is rather low.</p><p class="wp-block-paragraph ">On the other hand, there was a downward trend in energy storage products: Tesla built up 6.9 GWh here in the third quarter, compared to 9.4 GWh in Q2. However, this business is more cyclical and fluctuates more strongly between the individual quarters than the car division. Tesla will only provide details in the Q3 annual report.</p><p class="wp-block-paragraph "><a href="https://ir.tesla.com/press-release/tesla-third-quarter-2024-production-deliveries-and-deployments">tesla.com</a>, <a href="https://www.reuters.com/business/autos-transportation/teslas-quarterly-deliveries-set-rise-china-incentives-lure-wary-ev-buyers-2024-09-30/">reuters.com</a></p></div><div class="sidebar"><div class="sidebar-inner"><div id='div-gpt-ad-1694689535420-0' style='min-width: 300px; min-height: 250px;'> <script src="data:text/javascript;base64,Z29vZ2xldGFnLmNtZC5wdXNoKGZ1bmN0aW9uKCl7Z29vZ2xldGFnLmRpc3BsYXkoJ2Rpdi1ncHQtYWQtMTY5NDY4OTUzNTQyMC0wJyl9KQ==" defer></script> </div></div></div></div><div class="adbar has-layout-reset"><div id='div-gpt-ad-1694689638567-0' style='min-width: 300px; min-height: 90px;'> <script src="data:text/javascript;base64,Z29vZ2xldGFnLmNtZC5wdXNoKGZ1bmN0aW9uKCl7Z29vZ2xldGFnLmRpc3BsYXkoJ2Rpdi1ncHQtYWQtMTY5NDY4OTYzODU2Ny0wJyl9KQ==" defer></script> </div></div><div class="posts__single__tags"><h3 class="title">Tags</h3><ul class="tags"><li class="tag"><a href="https://www.electrive.com/tag/tesla/">Tesla</a></li><li class="tag"><a href="https://www.electrive.com/tag/bev/">BEV</a></li><li class="tag"><a href="https://www.electrive.com/tag/data/">Data</a></li><li class="tag"><a href="https://www.electrive.com/tag/model-3/">Model 3</a></li><li class="tag"><a href="https://www.electrive.com/tag/model-y/">Model Y</a></li><li class="tag"><a href="https://www.electrive.com/tag/model-s/">Model S</a></li><li class="tag"><a href="https://www.electrive.com/tag/model-x/">Model X</a></li><li class="tag"><a href="https://www.electrive.com/tag/cybertruck/">Cybertruck</a></li><li class="tag"><a href="https://www.electrive.com/tag/semi/">Semi</a></li></ul></div><div class="posts__single__comments"><div class="posts__comments" id="post-comments"><h2 class="title">1 Comment</h2><div class="subline">about „Tesla increases production and deliveries again“</div><div class="comments-list"><div class="comment-item" id="comment-367660"><div class="author">Josaia Bukalidi</div><div class="date">03.10.2024 um 23:40</div><div class="content">How can we get EV dc super chargers for Fiji?</div><div class="options"><a rel='nofollow' class='comment-reply-link' href='https://www.electrive.com/2024/10/02/tesla-increases-production-and-deliveries-again/?replytocom=367660#comment' data-commentid="367660" data-postid="252388" data-belowelement="comment-367660" data-respondelement="comment" data-replyto="Reply to Josaia Bukalidi" aria-label='Reply to Josaia Bukalidi'>Reply</a></div></div></div><div id="respond" class="comment-respond"><h3 id="reply-title" class="comment-reply-title">Leave a Reply <small><a rel="nofollow" id="cancel-comment-reply-link" href="/2024/10/02/tesla-increases-production-and-deliveries-again/#respond" style="display:none;">Cancel reply</a></small></h3><form action="https://www.electrive.com/wp-comments-post.php" method="post" id="commentform" class="comment-form" novalidate><p class="comment-notes"><span id="email-notes">Your email address will not be published.</span> <span class="required-field-message">Required fields are marked <span class="required">*</span></span></p><p class="textarea"><textarea id="comment" name="comment" maxlength="65525" required="required" placeholder="Comment"></textarea></p><p class="left"><label for="author">Name *</label><input placeholder="Name" id="author" name="author" type="text" value="" size="30" maxlength="245" autocomplete="name" required="required"></p><p class="right"><label for="email">E-Mail *</label><input placeholder="E-Mail" id="email" name="email" type="email" value="" size="30" maxlength="100" aria-describedby="email-notes" autocomplete="email" required="required"></p><p class="left"><label for="wp-comment-cookies-consent" class="checkbox-container">I agree with the <a href="/privacy" target="_blank">Privacy policy</a><input id="wp-comment-cookies-consent" name="wp-comment-cookies-consent" type="checkbox" value="yes"><span class="checkmark"></span></label></p><p class="form-submit"><input name="submit" type="submit" id="submit" class="submit" value="Post Comment" /> <input type='hidden' name='comment_post_ID' value='252388' id='comment_post_ID' /> <input type='hidden' name='comment_parent' id='comment_parent' value='0' /></p></form></div><div class="form-status-messages" data-processing="Processing..." data-error-1="You might have left one of the fields blank, or be posting too quickly" data-error-2="Please wait a while before posting your next comment" data-success="Thanks for your comment. 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