Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2024
Tesla has announced its vehicle production and deliveries for the second quarter of 2024. The company produced approximately 411,000 vehicles and delivered around 444,000 vehicles. This includes 386,576 Model 3/Y and 24,255 other models.
Tesla also reported deploying 9.4 GWh of energy storage products in Q2, marking its highest quarterly deployment to date. The company will release its financial results for this quarter on July 23, 2024, after market close, followed by a live Q&A webcast at 4:30 p.m. Central Time.
The webcast will be available on Tesla's Investor Relations website, and an archived version will be accessible approximately two hours after the session. The financial results will include net income and cash flow data, which will be detailed in the Q2 earnings announcement.
- Produced approximately 411,000 vehicles in Q2 2024.
- Delivered approximately 444,000 vehicles in Q2 2024.
- Deployed 9.4 GWh of energy storage products, the highest quarterly deployment to date.
- Only 2% of deliveries are subject to operating lease accounting, indicating a potential drop in recurring revenue streams.
- Delivered fewer vehicles in the 'Other Models' category (21,551) compared to production (24,255), suggesting potential inventory buildup.
Production |
Deliveries |
Subject to operating lease accounting |
|
Model 3/Y |
386,576 |
422,405 |
|
Other Models |
24,255 |
21,551 |
|
Total |
410,831 |
443,956 |
|
Tesla will post its financial results for the second quarter of 2024 after market close on Tuesday, July 23, 2024. At that time, Tesla will issue a brief advisory containing a link to the Q2 2024 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.
What: Date of Tesla Q2 2024 Financial Results and Q&A Webcast
When: Tuesday, July 23, 2024
Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q2 2024 Update: https://ir.tesla.com
Webcast: https://ir.tesla.com (live and replay)
Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company’s website.
For additional information, please visit https://ir.tesla.com.
Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Tesla vehicle deliveries and storage deployments represent only two measures 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 average selling price, cost of sales, foreign exchange movements and others as to be disclosed in the 10-Q for the quarter ended on June 30, 2024.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240702178972/en/
Investor Relations Contact:
ir@tesla.com
Source: Tesla
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