Tesla just released the Q1 2020 production and delivery numbers, here is the breakdown:
Model 3 and Y total 87,282 units
Model S and X total 15,390 units
Total: 102,672 units
33% YoY growth
Model 3 and Y total 76,200 units
Model S and X total 12,200 units
Total: 88,400 units
40% YoY growth
As the company mentioned in the report, Model Y production started in Jan 2020 and deliveries began in March of 2020
Tesla Stock nearly 9% higher after Q1 delivery and production numbers announcement.
From the official Tesla Q1 2020 Vehicle Production and Deliveries Announcement:
"Model Y production started in January and deliveries began in March, significantly ahead of schedule. Additionally, our
Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 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.
Image credit: observer.com
About the Author
Proud owner of Tesla Model 3.
Future owner of Tesla Model Y Performance & CyberTruck