Tesla Q3 Production Hits 470,000 Vehicles on High Demand

Tesla Q3 Production Hits 470,000 Vehicles on High Demand

In Summary

  • Tesla produced 470,000 vehicles in Q3 2024, with 463,000 delivered.
  • Model 3/Y led with 443,668 units produced and 439,975 delivered
  • Tesla deployed 6.9 GWh of energy storage products
  • Full financial results announced on October 23, 2024


New York, Friday, November 01, 2024 — Tesla Inc. (TSLA) reported a robust third quarter for 2024, producing approximately 470,000 vehicles and delivering around 463,000, reflecting continued high demand across its lineup and growth in energy storage.

Tesla’s earnings report was release on October 24.

The Model 3 and Model Y were the top performers, with 443,668 units produced and 439,975 delivered. Other models, including the Model S and Model X, contributed 26,128 to production and 22,915 in deliveries.

Additionally, Tesla deployed 6.9 gigawatt-hours (GWh) of energy storage, highlighting growth in its sustainable energy segment.

Tesla plans to release its full Q3 financial results, including net income and cash flow, on October 23, 2024, after the market close.

While these production and delivery numbers signal growth, Tesla advises caution, noting that final financial results are influenced by factors like selling prices, production costs, and currency rates.

For additional details can be found here.

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