Tesla Posts Record Q1 Production
Tesla released Friday its first quarter production numbers, showing a record performance.
The electric car maker produced a total of 180,338 vehicles and delivered a total of 184,800 cars. Tesla noted that it did not produce any Model S or Model X vehicles in Q1, but delivered 2,020 units. The lower-priced Model 3 and Model Y accounted for 180,339 cars produced and 182,780 deliveries.
Production Deliveries Subject to operating lease accounting Model S/X – 2,020 6% Model 3/Y 180,338 182,780 7% Total 180,338 184,800 7%
Tesla’s numbers benefitted from increased production at the company’s China factory. Giga Shanghai ramped production of the China-built Model Y during Q1. Tesla’s production numbers are likely to continue to see a bump from efforts at Giga Shanghai accelerate.
“We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity,” the company said in a release.
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