Deliveries for the quarter were slightly below expectations. Analysts expected Tesla to deliver around 202,800 cars during this period, according to estimates compiled by FactSet as of July 1. Estimates ranged from 193,000 to 231,000 deliveries. Tesla shares were roughly flat in pre-market trading on Friday.
During the quarter, Tesla produced 206,421 vehicles in total, including 204,081 of its 3 and Y models, which are its most affordable mid-range cars. It produced 2,340 Model S and X vehicles, the company said.
Second quarter numbers broke the previous record set in the first quarter, when Tesla shipped 184,800 and produced 180,338 cars, even as production of its Model S and X vehicles fell to zero in that quarter.
Tesla does not break down shipments by region or model, and does not report production in China relative to the United States. The company now produces Model 3 and Y vehicles at its plant in Shanghai and its US plant in Fremont, California.
During the second quarter, Tesla was hit by parts shortages and price increases that affected automakers in general. CEO Elon Musk said in a tweet on May 31 that Tesla had made some design decisions in part to deal with rising costs, and said the price increases on Tesla vehicles were “due to pressure. major on industry-wide supply chain pricing. Raw materials in particular. ”
The company also began deliveries of its premium Model S electric sedans during the second quarter. In its classic mode, Tesla hosted a flashy event at its test track in Fremont, Calif., To kick off deliveries of the 2021 Model S Plaid, a three-engine version of its flagship sedan marketed as the production car of the fastest ever.
On June 11, Musk said « is expected to soon reach several hundred cars per week, ”but would not produce thousands of Model S vehicles per week until the next quarter.
During the second quarter, Tesla also saw the departure of executives, including longtime former acting general counsel Al Prescott in April, and both deputy general counsel Lynn Miller and former president of the automobile and heavy truck Jerome Guillen in June.
Correction: This story has been updated to reflect the correct analyst estimates for total shipments.