Tesla produced more than 440,000 vehicles and delivered more than 420,000 vehicles in the first quarter of 2023 – record numbers for the brand.
The company released first-quarter sales and production figures ahead of first-quarter financial results. It will release these and hold a Q&A session after the market closes on April 19.
The total production volume was 440,808 vehicles, with 422,875 deliveries.
Those are slight increases from Tesla’s fourth-quarter 2022 results, when it produced 439,701 vehicles and delivered 405,278 vehicles.
“We continue to transition to a more even mix of regionally built vehicles, including Model S/X vehicles that are shipping to EMEA and,” the company said in a press release. APAC”.
Tesla does not break down individual models, factories, or regions in its sales and production, but 3 . sample And Model Y together account for more than 95% of production and more than 97% of sales.
According to data from the China Passenger Car Association (CPCA), Tesla sold 140,453 Chinese-made vehicles in January and February.
While March data isn’t available yet, it looks like vehicles coming out of Tesla’s Shanghai factory could account for more than half of the brand’s global sales.
In addition to factories in Fremont and Austin in the US and a factory in Shanghai in China, Tesla also has a factory near Berlin in Germany and has announced that it will be up and running this year. opened a new factory near Monterrey, Mexico.
Tesla has been rolling out price cuts in markets like China and the US over the past few months. For example, Tesla in the US has reduced the price of the Model Y by 20%.
The price cuts in China have led to an all-out price war, with Chinese brands BYD, Nio and XPeng all dropping prices and foreign brands Ford, Toyota and Volkswagen following suit.
There is less of a price war in the US, but there was a small skirmish when Ford reduced the prices of its products. Model Y-competitor Mustang Mach-E.
