Tesla delivered 22,000 or 25,708 Model S and Model X vehicles produced in the second quarter. Model X deliveries totaled 10,000, below last quarter’s delivery of 11,550, while deliveries of Model S’ fell to 12,000. The company does not break down production numbers of the specific vehicles. This will be the last quarterly deliveries report before the company commences Model 3 deliveries this month.
Tesla has not set a date for its Q2 financial earnings release, but it is reasonable to expect the results to drop early next month.
Until early June, production averaged about 40% below demand. Once this was resolved, June orders and deliveries were strong, ranking as one of the best in Tesla history.
Tesla began production of the Model S in June 2012, just over 5 years ago, and the Model X was put into production in September 2015. Unlike other automakers, Tesla doesn’t alter the vehicle on an annual basis, rather adding small updates to their vehicles continuously. Just this weekend, Tesla created a new seating configuration in the Model X, and in January they added the 100D battery option to the Model S and X.
Graphic: The Missing Graph, ANTIFORMA Design
This will be the last delivery report pre-Model 3. The company is expected to handover keys to the first thirty Tesla Model 3 customers at a launch party on Friday, July 28. Follow us @Teslarati to see behind the scenes coverage from the event
We’ve provided the full report from Tesla below.
Tesla Q2 2017 Vehicle Production and Deliveries
PALO ALTO, Calif., July 03, 2017 (GLOBE NEWSWIRE) — Tesla (Nasdaq:TSLA) delivered just over 22,000 vehicles in Q2, of which just over 12,000 were Model S and just over 10,000 were Model X. This represents a 53% increase over Q2 2016. Total vehicle deliveries in the first half of 2017 were approximately 47,100.
The major factor affecting Tesla’s Q2 deliveries was a severe production shortfall of 100 kWh battery packs, which are made using new technologies on new production lines. The technology challenge grows exponentially with energy density. Until early June, production averaged about 40% below demand. Once this was resolved, June orders and deliveries were strong, ranking as one of the best in Tesla history.
Provided global economic conditions do not worsen considerably, we are confident that combined deliveries of Model S and Model X in the second half of 2017 will likely exceed deliveries in the first half of 2017.
Q2 production totaled 25,708 vehicles, bringing first half 2017 production to 51,126.
We always want our customers to experience the newest versions of Model S and X while their cars are in service, so we added fully loaded, newly built cars to our service loaner fleet. We always want the service loaner Tesla to be *better* than the customer car being serviced. The customer should never suffer for something that is our fault.
We also finally added a sufficient number of Model X cars to our test drive and display fleet because our stores had been operating with far short of what was needed and, in some cases, none at all. There appears to be substantial untapped sales potential for Model X. It should also be noted that production quality and field reliability of the Model X, for which Tesla has been fairly criticized, have improved dramatically. It is now rare for a newly produced Model X to have initial quality problems.
The first certified production Model 3 that meets all regulatory requirements will be completed this week, with a handover of ~30 customer cars at our Fremont factory on July 28. More details to follow soon.
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%. 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.
For additional information, please visit ir.tesla.com.
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I really appreciate this website (I visit it every day) because Tesla is changing the world and doing excited things and it's positive. I'm tired of pessimism and people trying to figure out how to see the negative in things.
So, thank you for your positive energy and sharing the news about this company that is literally changing the world.
Oh, please!
Tell us more... ;)
Knowing, Tesla, this was not only not "the" best month in history, but it may not even have been "the best June"-- only "among" the best Junes. Furthermore, the "production excuse" is complete nonsense anyway, as Tesla produced 3000 more cars than it delivered, the 100s are a small percentage of sales, there are plenty of brand-new discounted ones sitting in inventory, and that battery pack has been in production since September 2016 with no prior problems ever mentioned. When this game is all over, you naive (I'll give you that benefit) Teslarians are going to learn a real lesson!
(...) Knowing Tesla, this was not only not "the" best month in history, but it may not even have been "the best June"-- only "among" the best Junes. (...) When this game is all over, you naive (I'll give you that benefit) Teslarians are going to learn a real lesson!
Mark, when you wrote '[SIZE=3]it may not even have been[/SIZE]'... this tells us you don't really know, which does not give as much weight to your argument, IMHO. It would have been different if you could have quoted specific June data each year since 2012, yet not sure if that's out there.
Also I am curious with what you mean by '[SIZE=3]when this game is all over[/SIZE]'... when actually, it's just really started!! :-) T≡SLA normally rolled out the first production Model ≡ yesterday, at least on plan, if not a couple of weeks early. Actually one may remember that original launch schedule (i.e. be4 the extraordinarily effective 3/31/16 reveal which led to close to 400k reservations in 2 months!) was somewhere in 2019... ;)
In addition to the anticipated formidable growth for T≡SLA in coming years (which should certainly drive a few more June 'records'... :D), nearly all traditional carmakers have announced more or less significant EV additions to their ICE range over the next few years. Do you think any of this would have happened if it were not for T≡SLA's phenomenal success with Model S and the powerful addition of the ever growing Supercharger network around the world?!
So, 'game over'?? I beg to differ.
Last Teslaboy observation: while everyone is of course totally free to express sometimes diverging opinions on all things T≡SLA - as long as it is done in a cordial & appropriate language - I always find it intriguing that some come on board with a first post which is essentially critical...
May we hope, Mark, that you have more positive things to contribute in what you feel T≡SLA is doing well?
