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AI English summary of an SEC filing — figures as filed

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The company said it produced approximately 495,000 vehicles and delivered over 484,000 vehicles in Q4. Model 3/Y production was 476,777 vehicles and deliveries were 461,538 vehicles, while Other Models production was 18,212 vehicles and deliveries were 22,969 vehicles.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it produced approximately 495,000 vehicles and delivered over 484,000 vehicles in Q4. Model 3/Y production was 476,777 vehicles and deliveries were 461,538 vehicles, while Other Models production was 18,212 vehicles and deliveries were 22,969 vehicles.

  2. Tesla said full-year vehicle deliveries in 2023 rose 38% year over year to 1.81 million vehicles, and production rose 35% to 1.85 million vehicles. Full-year deliveries were 1,739,707 vehicles for Model 3/Y and 68,874 vehicles for Other Models.

  3. The company said that in Q4, the share of deliveries subject to operating lease accounting was 2% for Model 3/Y, 3% for Other Models, and 2% overall.

  4. Tesla said it will post its financial results for Q4 after market close on Wednesday, January 24, 2024, and will hold a webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). The company said it will announce its net income and cash flow results along with the rest of its financial performance at that time. It also explained that vehicle deliveries are not reliable as an indicator of quarterly financial results, which depend on a variety of factors.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 Vehicle Production and Deliveries

The company said it produced approximately 495,000 vehicles and delivered over 484,000 vehicles in Q4. Model 3/Y production was 476,777 vehicles and deliveries were 461,538 vehicles, while Other Models production was 18,212 vehicles and deliveries were 22,969 vehicles.

Source · Based on the filing body and exhibits

2023 Full-Year Deliveries Up 38%

Tesla said full-year vehicle deliveries in 2023 rose 38% year over year to 1.81 million vehicles, and production rose 35% to 1.85 million vehicles. Full-year deliveries were 1,739,707 vehicles for Model 3/Y and 68,874 vehicles for Other Models.

Source · Based on the filing body and exhibits

Deliveries Subject to Operating Lease Accounting

The company said that in Q4, the share of deliveries subject to operating lease accounting was 2% for Model 3/Y, 3% for Other Models, and 2% overall.

Source · Based on the filing body and exhibits

Q4 Earnings Date and Limits of Deliveries Data

Tesla said it will post its financial results for Q4 after market close on Wednesday, January 24, 2024, and will hold a webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). The company said it will announce its net income and cash flow results along with the rest of its financial performance at that time. It also explained that vehicle deliveries are not reliable as an indicator of quarterly financial results, which depend on a variety of factors.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.