Tesla produced nearly 480,000 vehicles in Q2
In Texas, EVs manufacturer Tesla confirmed it produced nearly 480,000 vehicles and delivered over 466,000 vehicles in the second quarter of the year.
“In Q2, we produced a record number of vehicles, thanks to ongoing ramps of our new factories as well as strong performance of Shanghai and Fremont. We remain committed to smoothing deliveries throughout the quarter by reducing the percentage of vehicles delivered in the 3rd month. Vehicles in-transit, test-drive and display vehicles account for a substantive majority of our total days of supply,” Tesla said.
“At Gigafactory Texas, in addition to the continued success of the Model Y ramp, we are also working on equipment installation for Cybertruck production, which remains on track for initial deliveries this year,” the company added.
The company posted quarterly revenues of $24.92 billion, up 47% year-on-year.
