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.

 ProductionDeliveriesSubject to operating lease accounting
Model S/X2,0206%
Model 3/Y180,338182,7807%
Total180,338184,8007%

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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