- What’s New
- New Posts
- Best Posts
Tesla released its second quarter 2019 production and delivery report Tuesday, which touted record global deliveries.
From April to June, Tesla produced a total of 87,048 vehicles, delivering approximately 95,200 in the U.S. and other territories.
Tesla said it produced a total of 14,517 Model S and Model X vehicles during quarter, while Model 3 production jumped to 72,531 units. A total of 17,650 Model S and X and 77,550 Model 3 were delivered in the second quarter.
As of the end of June 2019, there were over 7,400 vehicles in transit to customers.
The delivery results are a 51% quarter-over-quarter increase and a more than 200% year-over-year increase.
“We made significant progress streamlining our global logistics and delivery operations at higher volumes, enabling cost efficiencies and improvements to our working capital position,” Tesla said in a release.
Tesla also made a point to emphasize the fact that orders generated during the quarter exceeded the company’s total deliveries, creating an increase in the order backlog entering the third quarter. The note may have been a nod to analysts who question demand for Tesla’s vehicles. “We believe we are well positioned to continue growing total production and deliveries in Q3,” Tesla said in a release.