Tesla's Q1 2024 vehicle production and deliveries report shows an 8.5% drop in deliveries compared to the previous year and a 20% drop compared to the previous quarter. Total deliveries for Q1 2024 were 386,810, while total production was 433,371. Tesla's shares dropped by 6.5%.
Tesla published its Q1 2024 vehicle production and deliveries report, showing an 8.5% drop in deliveries compared to the previous year and a 20% drop compared to the previous quarter. Total deliveries for Q1 2024 were 386,810, while total production was 433,371. Tesla 's shares dropped by 6.5%. The company produced 412,376 Model 3/Y cars and delivered 369,783, while producing 20,995 of its other models and delivering 17,027.
In the same period last year, Tesla reported 422,875 deliveries and production of 440,808 vehicles. In Q4 2023, Tesla reported 484,507 deliveries and production of 494,989 vehicles. Tesla's deliveries fell below even the lowest analyst estimate
Tesla Q1 2024 Deliveries Production Report Vehicles
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Tesla's Q1 2024 Deliveries Fall Short of Analysts' ExpectationsTesla's first-quarter vehicle deliveries for 2024 fell 8.5% from the year-ago quarter, with a total of 386,810 deliveries. Analysts were expecting around 457,000 deliveries for the same period. Tesla produced 412,376 Model 3/Y cars and delivered 369,783, while producing 20,995 of its other models and delivering 17,027.
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