Tesla

Tesla Shatters Market Expectations with Record 184.8K Delivery Beat in Q1 2021

Tesla Shatters Market Expectations with Record 184.8K Delivery Beat in Q1 2021

Photo: Tesla/Twitter

Tesla (NASDAQ: TSLA) announced production and delivery results for Q1 2021, which significantly exceeded the skeptical forecasts of analysts. The company reached record numbers and delivered almost 185,000 vehicles. 

On April 2, Tesla published production and delivery results for Q1 2021, which were even higher than in Q4 2020. This is an unprecedented result, reflecting the tireless work of Tesla's team and the strategically well-thought-out roadmap for the company.

In Q1, Tesla produced 180,338 vehicles and delivered a record 184,800 units, reflecting an increase of 2.34% compared with Q4 2020. Previously, the company was unable to exceed the number of deliveries made in Q4 last year in Q1 of the new year. However, this situation has now changed. Thanks to Tesla's new factory in China, which is constantly increasing production capacity and expanding, the increase in the number of cars produced and delivered continues to grow steadily. With the start of production in Giga Berlin and Giga Texas, the steady increase in figures from quarter to quarter will be even more stunning.

In Q1 2021 Tesla delivered 2,020 Model S and X, reflecting the slowdown in production due to the commissioning of new equipment and production processes in preparation for the updated Model S and X, as well as their Plaid versions. However, the production figures of Model 3 and Y more than compensated for this. Thus, Tesla produced 180,338 Model 3/Y and delivered 182,780 units.

© 2021, Eva Fox. All rights reserved.

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Article edited by @SmokeyShorts, you can follow him on Twitter


About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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