Tesla Model 3 production up 135% and deliveries 175% since 2019, more Tesla growth stats
Tesla Inc. (TSLA) yesterday released the production and delivery numbers for Q3, 2019 — it is by far the best quarter in the Silicon Valley-based automaker’s entire mass manufacturing history.
Tesla delivered a total of 97,000 Model S, Model 3, and Model X combined in Q3, 2019 vs. 95,200 cars delivered in the 2nd quarter of the current year, that is a +1.8% growth QoQ.
While looking at the production numbers (check detailed table below) — the total production at Tesla’s Fremont factory increased by +10.4% compared to Q2, 2019, this is where the strength lies, Tesla is constantly getting efficient at faster production.
Except for the Tesla Model S/X delivery numbers which saw a -1.4% decline, Tesla delivered more S and X vehicles than it produced, this mainly happened due to the backlog inventory clearance of the S and X.
Tesla Production and Deliveries Q1, Q2, Q3, 2019 and YTD Totals
| Model S/X Production | Model S/X Deliveries | Model 3 Production | Model 3 Deliveries | Total Production | Total Deliveries | |
| Q1, 2019 | 14,150 | 12,100 | 62,950 | 50,900 | 77,100 | 63,000 |
| Q2, 2019 | 14,517 (+2.59%) | 17,650 (+45.8%) | 72,531 (+15.2%) | 77,550 (+52.3%) | 87,048 (+12.9%) | 95,200 (+51%) |
| Q3, 2019 | 16,318 (+12.4%) | 17,400 (-1.4%) | 79,837 (+10%) | 79,600 (+2.64%) | 96,155 (+10.4%) | 97,000 (+1.8%) |
| YTD Q3, 2019 | 44,985 | 47,150 | 215,318 | 208,050 | 260,303 | 255,200 |
Data Source: Tesla Investor Relations
It is even more interesting to look at the production and delivery numbers from last year as well (see table below), the proliferation of Tesla Model 3 globally has enabled Tesla to achieve some astounding growth figures which wouldn’t have been possible with offering only premium vehicles like the Model S and X.
While the production and delivery has dropped to -41% and -34% for the Model S and X, it has grown by +135% and +175% for the Model 3 repectively for the first 3 quarters of 2019 vs. 2018 — the Model 3 production and deliveries have grown 2x+ this year and we have the full Q4 remaining ahead of the automaker.
Tesla’s Q4, 2019 should be expected even bigger, and should exceed the psychologial barrier of 100k+ deliveries as rapid expansions are taking place in China and Europe.
Tesla Production and Deliveries Q3, 2018 vs. Q3, 2019 and YTD Comparisons
| Model S/X Production | Model S/X Deliveries | Model 3 Production | Model 3 Deliveries | Total Production | Total Deliveries | |
| Q3, 2018 | 26,903 | 27, 660 | 53,239 | 55,840 | 80,142 | 83,500 |
| Q3, 2019 | 16,318 (-39%) | 17,400 (-37%) | 79,837 (+50%) | 79,600 (+42.5%) | 96,155 (+20%) | 97,000 (+16%) |
| YTD Q3, 2018 | 76,392 | 71,760 | 91,583 | 75,390 | 167,930 | 147,150 |
| YTD Q3, 2019 | 44,985 (-41%) | 47,150 (-34%) | 215,318 (+135%) | 208,050 (+175%) | 260,303 (+55%) | 255,200 (+73.5%) |
Data Source: Tesla Investor Relations
Interesting Facts!
Tesla has produced 370,980 Model 3s till Q3, 2019 since the first production Tesla Model 3 rocked the world in July 2017 — VIN #1 Model 3 is owned by Elon Musk himself, gifted to him by a Tesla Director of the Board at the time.
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