Tesla has just released its Q1 2021 production and delivery report, so the numbers are now in. See how Tesla fared this quarter right here.
At 184,800 global deliveries of the Model Y, Model 3, Model S and Model X combined, Tesla beat expectations. The target numbers ranged from about 160,000 to 188,000, so Tesla came out on the high side of those expectations. Additionally, Tesla once again set an all-time record for deliveries by beating the previous high mark of 180,570 set in Q4 2020.
Tesla announced redesigns for the Model S and Model X in January 2021, which added new powertrains, higher range options, and the landscape in-car display from the more popular Model 3. Tesla says the redesigns were “exceptionally well-received” and that it’s in the early stage of ramping up production on both new models.
The company didn’t break out specific delivery numbers for cars in China, but Tesla says it continues to be happy with the reception of its newer Model Y in the country. China has been a focus for Tesla since it opened its Gigafactory there in 2019, which the company seems to see as critical for meeting demand for its cars. When Tesla shared its Q4 2020 financial figures, it announced that its factory in Shanghai could allow it to produce as many as 1.05 million cars in a year.
Tesla and Musk haven’t yet announced any ambitious delivery goals for 2021, but in comparison to 88,400 cars it delivered in Q1 2020, Tesla seems like it’s starting on the right foot to beat last year’s 500,000-car goal.
