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Tesla Q1 2021 Delivery Blowout

miketc

Member
Oct 30, 2018
83
54
Maryland
Tesla just released production and delivery numbers for the first quarter of 2021.

Very impressive numbers here:

Q1 Production & 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%

FactSet conscensus was around 162,000. According to Barron's, Wedbush's Dan Ives initially estimated 182,000 but trimmed it back due to chip shortages to 175,000. And that was one of the higher estimates.

That's taking into account no S/X production as well. I'd like to see the breakdown between US / China deliveries. I'm sure there is a heavy backlog of S/X refresh orders so the next quarter could be even bigger.
 
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