Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News
Whatsapp

Tesla’s Q1 2021 produce is 180,338 vehicles says Tesla

IANS
IANS
Meet the voice behind Indo-Asian News Service (IANS), a storyteller navigating the currents of global events with precision and depth. Crafting narratives that bridge cultures, IANS brings you the pulse of the world in every word

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

Elon Musk’s electric car company Tesla on Friday said it produced 180,338 vehicles and delivered nearly 185,000 vehicles in the first quarter of 2021.

“We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity,” Tesla said in a statement.

“The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production,” it added.

The vehicles that the electric car maker produced were Model 3 sedans and Model Y crossover SUVs. However, the company also delivered 2,020 Model S sedans and Model X SUVs.

Apart from the pandemic and a global chip shortage hitting the industry, Tesla’s operations during the first quarter of this year were impacted by a temporary shut down of the company’s plant in Fremont, California that Musk attributed to parts shortages and also a fire at the same factory.

In the first quarter of 2020, Tesla reported production of 102,672 vehicles and delivery of 88,400 vehicles, CNBC reported.

Tesla Chief Financial Officer Zachary Kirkhorn, during the company’s most recent earnings call, said that in 2021: “Specifically for Q1, our volumes will have the benefit of early Model Y ramp in Shanghai. However, S and X production will be low due to the transition to the newly re-architected products.”

Join 10,000+ Fellow Readers

Get Techgenyz’s roundup delivered to your inbox curated with the most important for you that keeps you updated about the future tech, mobile, space, gaming, business and more.

Recomended

Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic