The company said it produced over 433,000 vehicles and delivered approximately 387,000 vehicles in Q1. The table shows total production of 433,371 and total deliveries of 386,810.

1. 01

   The company said it produced over 433,000 vehicles and delivered approximately 387,000 vehicles in Q1. The table shows total production of 433,371 and total deliveries of 386,810.

2. 02

   Tesla said it deployed 4,053 MWh of energy storage products in Q1, which it said was the highest quarterly deployment to date.

3. 03

   Tesla attributed the decline in volumes partly to the early phase of the production ramp of the updated Model 3 at its Fremont factory, and to factory shutdowns resulting from shipping diversions caused by the Red Sea conflict and an arson attack at Gigafactory Berlin.

4. 04

   The company said it will post its financial results on Tuesday, April 23, 2024 for Q1 after market close, and hold a webcast that day at 4:30 p.m. Central Time. It said it will announce net income and cash flow results along with the rest of its financial performance. It also cautioned that vehicle deliveries and storage deployments should not be relied on as an indicator of quarterly financial results.

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.

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.