AUSTIN, Texas, July 2, 2024 – Tesla Inc. has once again demonstrated its dominance in the electric vehicle market with record-breaking production and delivery figures for the second quarter of 2024. In a remarkable achievement, the company produced approximately 411,000 vehicles and delivered around 444,000 vehicles, showcasing its robust manufacturing capabilities and strong consumer demand. Additionally, Tesla reported the deployment of 9.4 GWh of energy storage products during Q2, marking the highest quarterly deployment in the company’s history.
This surge in production and deliveries underscores Tesla’s continued expansion and the growing adoption of electric vehicles worldwide. The significant milestone in energy storage deployment further highlights Tesla’s commitment to advancing sustainable energy solutions.
Looking ahead, Tesla has announced the date for its highly anticipated financial results for the second quarter of 2024. The results will be released after market close on Tuesday, July 23, 2024. Investors, analysts, and enthusiasts eagerly await these results to gain insights into Tesla’s financial health, business strategies, and future outlook.
Key Event Details:
- What: Tesla Q2 2024 Financial Results and Q&A Webcast
- When: Tuesday, July 23, 2024
- Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
On the day of the announcement, Tesla will issue a brief advisory containing a link to the Q2 2024 update, which will be available on the company’s Investor Relations website. Following the release, Tesla’s management will host a live question and answer webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). During this webcast, they will discuss the company’s financial performance, business results, and future outlook, providing a comprehensive overview of Tesla’s position and plans.
The Q2 financial results are expected to shed light on Tesla’s profitability, revenue growth, and operational efficiencies. Analysts will be particularly interested in the company’s margins, cash flow, and any forward-looking statements regarding production targets, new product launches, and expansion plans.
As Tesla continues to innovate and scale its operations, the second quarter results will be a crucial indicator of the company’s trajectory in the competitive electric vehicle and renewable energy markets. Stakeholders will be watching closely to see how Tesla navigates the challenges and opportunities in the evolving automotive and energy landscapes.
Stay tuned for Tesla’s Q2 2024 financial results and join the live webcast to hear directly from the company’s leadership about their performance and vision for the future.
Production | Deliveries | Subject to operating lease accounting | |
Model 3/Y | 386,576 | 422,405 | 2% |
Other Models | 24,255 | 21,551 | 1% |
Total | 410,831 | 443,956 | 2% |