Summary
- Tesla delivered 495,570 vehicles in the fourth quarter of 2024
- This was Tesla’s best result ever in terms of deliveries
- However, Tesla failed to sell as many cars in 2024 as it did in 2023
- Tesla’s overall deliveries for 2024 totalled 1,789,226 vehicles
- Tesla’s financial results for Q4 2024 will be posted after market close on January 29, 2025
Article
Tesla’s Q4 2024 Delivery Figures
Tesla has recently released its fourth quarter 2024 production and delivery report, revealing that the automaker delivered a total of 495,570 vehicles. This figure marks Tesla’s best result ever, surpassing the 462,890 vehicles sold in Q3 2024. Despite this strong performance in Q4, Tesla fell short of its goal for the year to achieve growth in sales compared to 2023’s 1.8 million units delivered. In total, Tesla delivered 1,789,226 vehicles in 2024.
Breakdown of Vehicles Delivered and Produced
The breakdown of vehicles delivered in Q4 2024 includes 471,930 Model 3 and Model Y cars, along with 23,640 Model S, Model X, and Cybertruck vehicles. On the production side, Tesla produced 436,718 Model 3s and Model Ys, as well as 22,727 Model S, Model X, and Cybertruck vehicles, totaling 459,445 vehicles produced. The company highlighted that it produced approximately 459,000 vehicles, delivered over 495,000 vehicles, and deployed 11.0 GWh of energy storage products in Q4 2024.
Previous Quarter Performance
Looking back at Q3 2024, Tesla delivered 462,890 vehicles, exceeding the 435,059 vehicles sold in the same quarter of 2023. In Q2 2024, the automaker delivered 443,956 cars, with 422,405 Model 3 and Model Y vehicles and 21,551 Model S, Model X, and Cybertruck vehicles. The production figures for Q2 2024 included 386,576 Model 3s and Model Ys, along with 24,255 Model S, Model X, and Cybertruck vehicles, totaling 410,831.
Financial Results and Overview
Tesla will release its financial results for Q4 2024 on January 29, 2025. The company delivered a total of 484,507 cars in Q4 2023, with Model 3/Y sales dominating. In 2023, Tesla delivered 1,808,581 cars and produced 1,845,985 vehicles, with Model 3/Y models accounting for a significant portion of both figures. The breakdown of deliveries and production in Q1, Q2, Q3, and Q4 of 2024 showcases Tesla’s performance over the year and its focus on scaling production.
Tesla Model 3 Performance
The Tesla Model 3 has been a key player in the automaker’s success, with high delivery numbers in various quarters. In Q4 2023, Tesla delivered 461,538 Model 3/Y vehicles, and the combined Model S and Model X deliveries reached 22,969. For the entirety of 2023, Tesla delivered 1,739,707 Model 3/Ys and 68,874 Other Models, comprising primarily Model S and Model X vehicles. The Model 3 has been a popular choice among consumers, contributing significantly to Tesla’s overall sales numbers.
Future Outlook and Growth
Tesla’s strong performance in Q4 2024 and throughout the year positions the company for continued growth and success in the electric vehicle market. With a focus on increasing production capacity, expanding product offerings, and enhancing energy storage solutions, Tesla remains a leading force in the automotive industry. As the demand for electric vehicles continues to rise, Tesla’s innovative approach and commitment to sustainability set it apart as a key player in shaping the future of transportation.
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