In terms of production, Tesla manufactured a total of 473,290 vehicles in Q2 2024, reflecting the company’s efforts to ramp up its manufacturing capabilities to meet increasing demand. This production number is a significant leap from the 365,000 vehicles produced in the same quarter of the previous year, indicating a year-over-year growth of nearly 30%. The Model 3 and Model Y accounted for the majority of production, with 400,000 units produced. The Model S and Model X production numbers also improved, with 60,290 units manufactured, while the Cybertruck saw an initial production run of 13,000 units.
Comparing these figures to previous quarters and years highlights Tesla’s consistent growth trajectory. In Q2 2023, Tesla delivered 254,695 vehicles, which means the current quarter’s figures represent an 83% year-over-year increase in deliveries. This impressive performance underscores Tesla’s ability to scale its operations effectively and meet the growing global demand for electric vehicles. The company’s strategic focus on expanding its production capacity and diversifying its product lineup continues to pay off, positioning Tesla as a dominant player in the rapidly evolving automotive industry.
