Tesla Reports Record Deliveries in Q2

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【Summary】Tesla officially delivered 201,250 electric vehicles during the second quarter of the year, marking the first time the automaker has delivered more than 200,000 vehicles in three months.

Original Vineeth Joel Patel    Aug 10, 2021 5:00 PM PT
Tesla Reports Record Deliveries in Q2

Tesla has been on a tear recently, breaking delivery records at an exciting pace. Despite the semiconductor shortage, which has plagued automakers, Tesla's breaking records. While the majority of automakers are shutting down factories, cutting production of certain models, and reducing output figures for the entire year, Tesla's setting record-breaking delivery figures.

Tesla Sets A New Record

According to CNBC, Tesla delivered 201,250 electric cars in the second quarter of 2021. Last quarter, the electric automaker delivered 184,400 vehicles, so this is a major uptick at a time when the majority of others are going in the opposite direction. Tesla's Q2 deliveries are very close to what analysts were expecting to see from the automaker. The outlet claims that Tesla was projected to deliver 201,820 vehicles during the three-month period. While that's lower than Tesla's official figures, estimates ranged from 190,000 to 231,000. So, Tesla's in a good position.

During the second quarter of the year, Tesla produced 206,421 total vehicles. The breakdown includes 204,081 units of the Model 3 and Y. The electric automaker made just 2,340 units of the Model S and X. Clearly, the brand's more affordable options are its most popular choices by a long shot.

While Tesla managed to set a new delivery record, the automaker has had to make some changes because of the ongoing chip shortage. Before the end of May, Tesla CEO Elon Musk took to Twitter to announce that the automaker had made a few changes to the vehicles' design and increased its prices.

It's Only Up From Here

One reason for the increase in deliveries during the second quarter could be traced back to the release of the high-end Model S sedan. The Model S Plaid arrived with incredible performance figures, a staggering price tag, and a fresh design that Tesla recent introduced. Seeing as how consumers are looking for the latest and greatest, we can see how a few people jumped at the opportunity to be one of the first to get their Model S Plaid delivered.

Going forward, we only expect Tesla's deliveries to increase. At the moment, Tesla isn't producing the Model S and Model X to full capacity yet. On June 11, Musk claimed that it would be delivering several hundreds of vehicles per week, but hasn't hit that figure yet. Model S production won't be in the thousands until the third quarter. With the chip shortage continuing to be a thorn in the automotive industry's side, we're not sure if that's feasible. We still expect Tesla to set a new record in the third quarter of 2021, though.

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