Tesla announces Q2 vehicle production/deliveries & reaffirms Q3 guidance

ir.tesla.com/news-releases/news-release-details/tesla-q2-2018-vehicle-production-and-deliveries

Interesting bits:

Q2 deliveries totaled 40,740 vehicles, of which 18,440 were Model 3, 10,930 were Model S, and 11,370 were Model X.

11,166 Model 3 vehicles and 3,892 Model S and X vehicles were in transit to customers at the end of Q2

The remaining net Model 3 reservations count at the end of Q2 still stood at roughly 420,000

We also reaffirm our guidance for positive GAAP net income and cash flow in Q3 and Q4, despite negative pressures from a weaker USD and likely higher tariffs for vehicles imported into China as well as components procured from China.

 

 

h/t silverwolfe09

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