2019 Q1 production summary

Discussion in 'Tesla' started by bwilson4web, Apr 4, 2019.

  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X.

    Deliveries were approximately 63,000 vehicles, which was 110% more than the same quarter last year, but 31% less than last quarter. This included approximately 50,900 Model 3 and 12,100 Model S and X.

    Due to a massive increase in deliveries in Europe and China, which at times exceeded 5x that of prior peak delivery levels, and many challenges encountered for the first time, we had only delivered half of the entire quarter’s numbers by March 21, ten days before end of quarter. This caused a large number of vehicle deliveries to shift to the second quarter. At the end of the first quarter, approximately 10,600 vehicles were in transit to customers globally.

    Quarter     Model 3  Model S/X   totals
    2019 Q1     62,950   14,150      77,100   produced
    2019 Q1     50,900   12,100      63,000   delivered
    2019 Q1    (12,050) ( 2,050)    (14,100)  inventory growth
    2019 Q1                          10,600   in transit
    2019 Q1                         ( 3,500)  parked inventory

    • "(calculated)" are tagged with parenthesis
    • The "in transit" inventory is assumed to be part of the inventory growth
    • The 3,500 parked inventory could be in CA and/or at the various Tesla Stores
    Bob Wilson
  2. David Green

    David Green Well-Known Member

    Wow, now that was a brutal quarter.... Cant wait to see the financials...
  3. bwilson4web

    bwilson4web Well-Known Member Subscriber

    77,100 * 4 = 308,400 cars produced for 2019

    Bob Wilson
  4. bwilson4web

    bwilson4web Well-Known Member Subscriber

    One of the better, detailed analysis:

    He goes into more detail than I usually go but the right detail.

    Bob Wilson

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