Tesla Production And Deliveries Graphed Through Q2 2020

If such results were possible in Q2, then Q3 should easily be an all-time high.

Tesla has positively surprised most of us with a very high sales and production results for the second quarter of 2020, significantly affected by the COVID-19 lockdown.

The company was able to not only benefit from a high number of cars in transit at the end of Q1, but also its Chinese Gigafactory. On top of that, Tesla quickly resumed and ramped-up production at the Tesla Factory in Fremont, California.

As a result, deliveries hit about 90,650 units, while production was at 82,272. Let’s check the details. The final numbers could vary by up to around 0.5%

Tesla Model S/X/3/Y Deliveries (quarterly) – through Q2 2020

Sales in the past quarter actually were pretty high, slightly above Q1 and only a few thousand down year-over-year. It may be enough to achieve net income too.

Deliveries by model

  • Model 3/Y: 80,050 (up 3.1%)
  • Model S/X: 10,600 (down 40%)

Because the results are grouped 3/Y and S/X, we can’t really see how big the share is for Tesla’s latest model, the Model Y.

One thing that we can say is that 3/Y sales went up year-over-year, while S/X significantly decreased to the lowest level since Q1 2015.

Production numbers

Q2 was surprisingly high in terms of production as we thought hat even 70,000 would not be bad.

Production by model

  • Model 3/Y: 75,946 (up 4.7%)
  • Model S/X: 6,326 (down 56%)

Model 3/Y production exceeded Q2 2019, but S/X is down by over 56% to a level not seen in several years (like 2013).

Source: Read Full Article