Tesla’s Q2 2024 Production & Delivery Update: What You Need to Know

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Tesla has reported its production and delivery figures for the second quarter of 2024, showcasing robust numbers amid ongoing market expectations. Here’s a breakdown of the key highlights and what to expect from Tesla’s upcoming financial results announcement.

Overview of Tesla’s Q2 2024 Performance

In the second quarter of 2024, Tesla achieved significant milestones in vehicle production and deliveries:

  • Vehicle Production: Tesla produced approximately 411,000 vehicles globally.
  • Vehicle Deliveries: Approximately 444,000 vehicles were delivered to customers worldwide.
  • Energy Storage Products: The company deployed a record 9.4 GWh of energy storage products during Q2.

Detailed Breakdown of Vehicle Production and Deliveries

Vehicle Model Production Deliveries Subject to Operating Lease Accounting
Model 3/Y 386,576 422,405 2%
Other Models 24,255 21,551 1%
Total 410,831 443,956 2%

Financial Results Announcement Details

Tesla will release its financial results for Q2 2024 after market close on Tuesday, July 23, 2024. Investors and enthusiasts can access the detailed update via Tesla’s Investor Relations website at Tesla IR.

Q&A Webcast Information

Following the financial results release, Tesla management will host a live question and answer webcast on July 23, 2024, starting at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). This webcast provides an opportunity to delve deeper into Tesla’s financial and business performance, as well as its future outlook.

  • What: Tesla Q2 2024 Financial Results & Q&A Webcast
  • When: Tuesday, July 23, 2024
  • Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
  • Where: Tesla IR Webcast (live and replay available)

Important Notes

It’s crucial to note that while vehicle deliveries and energy storage deployments are key performance metrics, they do not fully reflect Tesla’s financial results. Factors such as average selling price, cost of sales, and foreign exchange movements significantly influence quarterly financial performance.

Conclusion

Stay tuned for Tesla’s comprehensive financial update on July 23, 2024, as the company provides deeper insights into its financial health, strategic initiatives, and market outlook moving forward.

For more details and to participate in the webcast, visit Tesla Investor Relations.

 

Photo Credit: Tesla

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