Tesla (TSLA) introduced its manufacturing and supply numbers for the second quarter of 2023, and the automaker has crushed expectations with deliveries of over 466,000 electrical automobiles.

Earlier this week, we reported that Wall Road was anticipating one other report quarter for deliveries from Tesla, with a consensus of 448,000 automobiles.

That’s up from Tesla’s earlier report of 422,000 automobiles, which the automaker achieved in Q1 2023.

At this time, Tesla launched its official Q2 2023 supply and manufacturing numbers.

The corporate confirmed that it delivered over 466,000 automobiles in the course of the quarter – considerably increased than anticipated:

Clearly, Mannequin 3 and Mannequin Y are nonetheless the car packages driving Tesla’s gross sales and deliveries, however the Mannequin S and Mannequin X have additionally appeared to recuperate because the product refresh two years in the past.

The variety of automobiles in stock and transit added in the course of the quarter can be decrease than in current quarters, with solely about 13,000 automobiles added to the tally.

Tesla typically references automobiles in transit in its manufacturing and supply press launch, however it didn’t this time.

It might imply extra automobiles are in stock as an alternative of transit this time. Sources accustomed to the matter informed Electrek that Tesla got here beneath its supply purpose for North America, which might clarify this.

Tesla is now at 888,000 automobiles delivered in the course of the first half of 2023, and it’ll want lower than 1 million automobiles delivered within the second half to attain its steering of 1.8 million automobiles delivered in 2023.

Electrek’s Take

That’s an excellent efficiency. Congrats to everybody concerned. It’s wild that Tesla is now delivering nearly half 1,000,000 automobiles per quarter.

There have been a variety of naysayers for a very long time that didn’t see that coming.

Whereas it has been one of many largest by valuation for some time now, Tesla is changing into one of many largest automakers per quantity, and it’s doing it with solely electrical automobiles. That’s unimaginable.

Now worth cuts have helped Tesla obtain this report this quarter. It is going to be attention-grabbing to see how dangerous it damage the gross margin and if Tesla can keep marginally worthwhile with these decrease costs.