To meet the guidance of 360,000 to 400,000 car sales in 2019, 200,000 need to be sold during the second half of the year.
The second quarter was a record one for Tesla, with 95,356 deliveries (158,356 in H1). There are signs that it was the last quarter below 100,000 though.
Currently, the Model 3 represents more than 80% of total Tesla car sales (part of the reason is a decrease in Model S/Tesla Model X sales).
Tesla H1 2019 results:
Tesla sticks to its previous car sales guidance of 360,000 to 400,000 in 2019. To achieve the lower target of 360,000, more than 200,000 cars need to be sold in the following two quarters or over 100,000 per quarter.
According to Tesla, the Fremont production plant is already able to produce 7,000 Model 3 per week. By the end of 2019, the combined production output of 3/S/X will be 10,000 per week or about half a million per year.
“The production rate of Model 3 continued to improve gradually throughout the quarter, breaking a monthly record in May and then again in June. All manufacturing equipment in Fremont has demonstrated capability of a 7,000 Model 3 vehicles per week run rate, which we continue to work to increase. We aim to produce 10,000 total vehicles of all models per week by the end of 2019.”
500,000 cars are be produced between July 1, 2019 and June 31, 2020.
Here is how 100,000+ sales per quarter would look on the chart:
A big factor for 2020 will be Gigafactory 3 output. The goal is to produce 150,000 Model 3 per year, but we are not sure how many will be made during ramp-up phase in 2020.
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