Here's How Many Vehicles Tesla Has Delivered, Produced In Each Quarter Since 2019

Electric vehicle leader Tesla Inc TSLA reported fourth-quarter delivery and production figures on Jan. 2, 2024.

The report also includes full fiscal year 2023 delivery and production figures.

With the latest report, here is a look at how many vehicles Tesla delivered and produced in each quarter dating back to 2019.

Tesla Q4 Deliveries: In the fourth quarter, Tesla delivered 484,507 units, which was up 19.55% year-over-year and up 11.36% quarter-over-quarter. The total included a breakdown for the Model 3 and Model Y with the typical Model S and Model X line being replaced with the “other models” breakdown, which could include Cybertruck figures.

The Model 3 and Model Y represented 461,538 deliveries in the quarter, with the other models making up 22,969 units of the delivery count for the quarter.

Tesla produced 494,989 units in the third quarter, which was up 12.57% year-over-year and up 14.98% quarter-over-quarter.

The Model 3 and Model Y represented 476,777 units of production in the quarter, with other models making up 18,212 units produced for the quarter.

Fourth-quarter totals came in ahead of Street consensus estimates, with analysts projecting 480,483 deliveries for the quarter.

For the full year, Tesla hit deliveries of 1,808,581, passing the 1.8 million units delivered target the company gave previously in the fiscal year. The company produced 1,845,985 units in the full fiscal year.

Tesla will report its fourth quarter financial results after market close on Jan. 24.

Related Link: Tesla Analysts Call Deliveries Beat A ‘Major Achievement,’ But One Bear Points Out Red Flags

Tesla Production Numbers By Quarter: Here's a look at how Tesla has fared in producing vehicles each quarter dating back to 2019:

2019

• Q1 2019: 77,138
• Q2 2019: 87,048
• Q3 2019: 96,155
• Q4 2019: 104,891 

2020

• Q1 2020: 102.672
• Q2 2020: 82,272
• Q3 2020: 145,063
• Q4 2020: 179,757

2021

• Q1 2021: 180,338
• Q2 2021: 206,421
• Q3 2021: 237,823
• Q4 2021: 237,823

2022

• Q1 2022: 305,407
• Q2 2022: 258,580
• Q3 2022: 365,923
• Q4 2022: 439,701

2023

• Q1 2023: 440,808
• Q2 2023: 479,700
• Q3 2023: 430,488
• Q4 2023: 494,989

Tesla Vehicle Deliveries By Quarter: Here's a look at how Tesla has fared in deliveries of vehicles in each quarter dating back to 2019:

2019

• Q1 2019: 63,019
• Q2 2019: 95,356
• Q3 2019: 97,186
• Q4 2019: 112,095

2020

• Q1 2020: 88,496
• Q2 2020: 90,891
• Q3 2020: 139,593
• Q4 2020: 180,667

2021

• Q1 2021: 184,877
• Q2 2021: 201,304
• Q3 2021: 241,391
• Q4 2021: 308,650

2022

• Q1 2022: 310,048
• Q2 2022: 254,695
• Q3 2022: 343,830
• Q4 2022: 405,278

2023

• Q1 2023: 422,875
• Q2 2023: 466,140
• Q3 2023: 435,059
• Q4 2023: 484,507

Key Takeaways: A brief examination of the data reveals that, before the third quarter, there was a consistent increase in production each quarter, except for two quarters in 2020 due to COVID-19 pandemic-related lockdowns and factory restrictions. Additionally, the first and second quarters of 2022 also saw a decline in production, influenced by COVID-19 lockdowns in China.

After posting quarter-over-quarter declines in the third quarter, Tesla is back into growth mode with the fourth quarter results.

The company posted records for both deliveries and production in the fourth quarter, which comes against lofty targets from internal estimates and analyst projections.

Tesla said in 2023 that it remains on course to meet its goal of production increasing an average of 50% annually.

"We are planning to grow production as quickly as possible in alignment with the 50% CAGR target we began guiding to in early 2021. In some years we may grow faster and some we may grow slower, depending on a number of factors. For 2023, we expect to remain ahead of the long-term 50% CAGR with around 1.8 million cars for the year," the company said.

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