Tesla ups Q2 production and delivery

Tesla beat expectations and records by producing nearly 480,000 EVs and delivering 466,140 during Q2 2023.

The Austin, Texas-based company will post its Q2 financial results after the market closes on Wednesday, July 19, and will issue a brief advisory containing a link to the Q2 2023 update, which will be available on Tesla’s Investor Relations website.

Tesla management will then hold a live question and answer webcast (which will be replayed later) to discuss the company’s financial and business results and outlook.

Meanwhile, Tesla has cut the price of its EVs here and globally in line with Tesla chief executive Elon Musk’s reported comments that Tesla will prioritise sales growth above profits.

Tesla says its total Q2 production growth comprised 460,211 Model 3s and Ys (446,915 delivered) and 19,489 Model S and X models (19,225 delivered).