Industry dynamics

Tesla delivered record 201,250 vehicles globally in Q2

Publishtime:1970-01-01 08:00:00 Views:32

Tesla delivered a record high of 201250 vehicles in the second quarter, up 122 percent from 90,650 in the same period last year, the company showed Friday.

That was below analyst estimates of 204,160 in a Bloomberg survey and the FactSet consensus of 207,000, but above the 200,258 in a Reuters poll.

“Our teams have done an outstanding job navigating through global supply chain and logistics challenges,” Tesla said in a statement.

Tesla doesn't release delivery figures for different regions, but the U.S. and China are its biggest markets. The company's deliveries are mainly from the cheaper Model 3 and Model Y models.

Tesla delivered 1,890 Model S and Model X units in the second quarter, down 82 percent from a year earlier.

Its Model 3 and Model Y deliveries stood at 199,360 in the second quarter.

Tesla produced 206,421 vehicles in the second quarter, compared with 82,272 in the same period a year earlier.

The company's Model S and Model X were 2,340 units in the second quarter, down 63 percent from a year earlier. Model 3 and Model Y production was 204,081 units in the second quarter.

Before Tesla released its second-quarter delivery and production figures, Deutsche Bank lowered its estimates.

In a research note sent to investors Thursday, analyst Emmanuel Rosner said he lowered the team's estimate for Tesla's deliveries in the second quarter to 200,000 units from 207,000 in reaction to softer Chinese volumes.