Today, Tesla reported its sales for Q2, which included hitting the 5,000 Model 3 production in a week goal. For the final 7 days in Q2, Tesla produced 5,031 Model 3 sedans.
“Q2 production totaled 53,339 vehicles, a 55% increase from Q1, making it the most productive quarter in Tesla history by far,” Tesla said in their release.
Of those totals, 28,578 of them were Model 3s. By using some rough math, that means that Tesla produced an average of 2,381.5 Model 3s per week over the entire quarter. Though, they did have a big push towards the end with the help of the GA4 assembly line – also knows as “the tent.”
“GA4, our new General Assembly line for Model 3, was responsible for roughly 20% of Model 3s produced last week, with quality from that line being as good as our regular GA3 line.”
Tesla continues to say that it’ll be able to hit that number solely with the GA3 line in the future and even exceed that rate.
What’s incredible about the numbers are how many Model 3 sedans are marked as in transit. At the end of the quarter Tesla had 11,166 Model 3s in transit to customers.
Also during the big push in the last week, Tesla produced 1,913 Model X and S vehicles. That makes total S / 3 / X production for the last week of the quarter 6,944. That’s shy of the 7,000 Tesla CEO Elon Musk tweeted out, but near as makes no difference close enough.
Reservation holders also seem to be sticking around.
“The remaining net Model 3 reservations count at the end of Q2 still stood at roughly 420,000 even though we have now delivered 28,386 Model 3 vehicles to date.”
We won’t know what that means to the overall bottom line until Tesla reports quarterly earnings later this month.