Tesla (TSLA) introduced its manufacturing and supply numbers for the second quarter of 2023, and the automaker has crushed expectations with deliveries of over 466,000 electrical automobiles.

Earlier this week, we reported that Wall Road was anticipating one other report quarter for deliveries from Tesla, with a consensus of 448,000 automobiles.

That’s up from Tesla’s earlier report of 422,000 automobiles, which the automaker achieved in Q1 2023.

Immediately, Tesla launched its official Q2 2023 supply and manufacturing numbers.

The corporate confirmed that it delivered over 466,000 automobiles through the quarter – considerably greater than anticipated:

	Manufacturing	Deliveries	Topic to working lease accounting
Mannequin S/X	19,489	19,225	8%
Mannequin 3/Y	460,211	446,915	5%
Whole	479,700	466,140	5%

Clearly, Mannequin 3 and Mannequin Y are nonetheless the automobile applications driving Tesla’s gross sales and deliveries, however the Mannequin S and Mannequin X have additionally appeared to get well for the reason that product refresh two years in the past.

The variety of automobiles in stock and transit added through the quarter can be decrease than in latest quarters, with solely about 13,000 automobiles added to the tally.

Tesla usually references automobiles in transit in its manufacturing and supply press launch, but it surely didn’t this time.

It may imply extra automobiles are in stock as a substitute of transit this time. Sources accustomed to the matter advised Electrek that Tesla got here beneath its supply purpose for North America, which may clarify this.

Tesla is now at 888,000 automobiles delivered through the first half of 2023, and it’ll want lower than 1 million automobiles delivered within the second half to attain its steering of 1.8 million automobiles delivered in 2023.

Electrek’s Take

That’s an ideal efficiency. Congrats to everybody concerned. It’s wild that Tesla is now delivering virtually half 1,000,000 automobiles per quarter.

There have been a number of naysayers for a very long time that didn’t see that coming.

Whereas it has been one of many largest by valuation for some time now, Tesla is turning into one of many largest automakers per quantity, and it’s doing it with solely electrical automobiles. That’s unimaginable.

Now worth cuts have helped Tesla obtain this report this quarter. Will probably be fascinating to see how dangerous it damage the gross margin and if Tesla can keep marginally worthwhile with these decrease costs.