Tesla Q3 2021 Vehicle Production & Deliveries

Rhea-AI Summary

In Q3, Tesla produced approximately 238,000 vehicles and delivered over 240,000 vehicles, despite supply chain challenges. The deliveries included 8,941 Model S/X and 228,882 Model 3/Y. Tesla's delivery count is slightly conservative, as vehicles are only counted when transferred to customers and all paperwork is complete. The company emphasizes that delivery figures alone do not indicate overall financial performance, which will be detailed in the upcoming Q3 earnings announcement.

Positive

• Production of approximately 238,000 vehicles indicates strong manufacturing output.
• Delivery of over 240,000 vehicles demonstrates demand for Tesla's products.

Negative

• Global supply chain and logistics challenges may impact future production and delivery rates.

AUSTIN, Texas--(BUSINESS WIRE)-- In the third quarter, we produced approximately 238,000 vehicles and delivered over 240,000 vehicles. We would like to thank our customers for their patience as we work through global supply chain and logistics challenges.

			Production		Deliveries		Subject to operating lease accounting
	Model S/X		8,941		9,275		20%
	Model 3/Y		228,882		232,025		6%
	Total		237,823		241,300		7%

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Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211002005015/en/

Investor Relations Contact:

ir@tesla.com

Source: Tesla

FAQ

What were Tesla's vehicle production and delivery numbers in Q3 2023?

Tesla produced approximately 238,000 vehicles and delivered over 240,000 vehicles in Q3 2023.

How many Model S/X and Model 3/Y vehicles were delivered in Q3 2023?

In Q3 2023, Tesla delivered 8,941 Model S/X and 232,025 Model 3/Y vehicles.

When will Tesla announce its Q3 earnings?

Tesla will announce its Q3 earnings along with net income and cash flow results in the upcoming earnings report.

What does Tesla mean by conservative delivery counts?

Tesla's delivery counts are conservative as they are counted only when vehicles are transferred to customers and all paperwork is correct.

What factors affect Tesla's financial performance beyond vehicle deliveries?

Tesla's financial performance depends on factors like cost of sales, foreign exchange movements, and the mix of directly leased vehicles.