Tesla (TSLA) has formally launched its Q2 2024 supply and manufacturing outcomes. The automaker confirmed having delivered 444,000 electrical autos final quarter.
Tesla Q2 expectations
Wall Avenue has adjusted its expectation this quarter to a consensus of about 438,000 deliveries, which is down from the 466,000 autos Tesla delivered throughout the identical interval in 2023.
As we reported final week, the expectation got here down over the previous couple of days after they have been at ~450,000 deliveries final week.
Tesla Q2 outcomes
Tesla confirmed that it produced 411,000 autos and delivered 444,000 autos – beating expectations by a slight margin:
Within the second quarter, we produced roughly 411,000 autos and delivered roughly 444,000 autos. We deployed 9.4 GWh of power storage merchandise in Q2, the very best quarterly deployment but.
For the primary time shortly, Tesla delivered extra autos than it produced, however that’s partly as a result of tens of hundreds of autos have been in transit on the finish of final quarter.
Tesla nonetheless doesn’t break down gross sales by fashions. It bundles Mannequin 3 and Y collectively and all different autos in the identical “different fashions” class:
Fashions | Manufacturing | Deliveries | Topic to working lease accounting |
Mannequin 3/Y | 386,576 | 422,405 | 2% |
Different Fashions | 24,255 | 21,551 | 1% |
Whole | 410,831 | 443,956 | 2% |
Tesla additionally launched its power storage deployment, which was exceptionally excessive at 9.4 GWh this quarter.
That’s not solely a brand new report, however greater than twice the quantity deployed within the final report quarter.
Tesla’s inventory (TSLA) is up 5% on the information.
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