The strength of deliveries in China, where Tesla’s reputation has taken a hit of late, will be key. 'Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2022.' Tesla Inc. Dan Ives, managing director at Wedbush Securities, joined Squawk Box on Thursday ahead of the report to discuss.
Let us know your best guesses for Tesla’s Q2 delivery and production. 'Tesla Q2 2021 Vehicle Production & Deliveries.' Tesla Inc. Tesla reports its highly anticipated June quarter delivery numbers Thursday.
and China are its largest markets, and the vast majority are of the Model 3 and Y. Tesla is going to release its production and delivery numbers for the second quarter 2021 during the first week of July. The company doesn’t break out sales by region, but the U.S. Tesla currently makes the Model S and X at its factory in Fremont, California, while the smaller Model 3 and Y are assembled both there and at its plant in Shanghai. Deliveries of Model 3/Y in the range of 195,000 “would be viewed as positive this quarter." The Q2 deliveries included 199,3560 Model 3/Ys and 1,890 Model S/Xs. “Tesla has dealt with a major chip shortage and logistics/freight issues (like other automakers) which could have translated into roughly 10K cars currently in transit globally," Dan Ives, an analysts with Wedbush Securities, said in a note to clients Wednesday. This is a new quarterly delivery record for Tesla. In Q1 2021 the automaker delivered 184,800 vehicles, which is the current. Analysts were projecting Tesla to deliver around. If either of the estimates are correct, it will be another record quarter for Tesla. The quarter’s deliveries fell slightly short of expectations. In Q1, Tesla crushed analyst expectations when it announced that it delivered about 185,000 vehicles during the quarter, translating to 109 year-over-year growth. Read more: As inventories dwindle, sales take a turn for the worse. Tesla delivered 201,250 vehicles in the second quarter of 2021, the company reported. But Tesla likely managed inventory and matched output to meet consumer demand for its EVs. Teslas current record comes in at 201,250 deliveries in Q2 2021. Tight inventory, a global chip shortage and congestion at ports have weighed on automakers as the world slowly emerges from the pandemic. Electrek points out that a poll of Wall Street analysts shows a consensus of 222,700 Tesla vehicles delivered globally in Q3 2021.
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