February 21, 2026
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World News

Tesla has record quarter, delivers over 420,000 cars

Tesla produced greater than 440,000 automobiles and delivered greater than 420,000 within the first quarter of 2023 – file numbers for the model.

The corporate has launched its first-quarter manufacturing and gross sales tallies forward of its first-quarter monetary outcomes. It’s going to launch these and host a Q&A session after market shut on April 19.

Whole manufacturing quantity was 440,808 automobiles, with 422,875 deliveries.

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These are slight will increase over Tesla’s fourth-quarter 2022 outcomes, when it produced 439,701 automobiles and delivered 405,278.

Provided Credit score: CarExpert

“We continued to transition in the direction of a extra even regional combine of car builds, together with Mannequin S/X automobiles in transit to EMEA and APAC,” the corporate mentioned in its press launch.

Tesla does not break down particular person fashions, factories or areas in its gross sales and manufacturing tallies, however the Model 3 and Model Y collectively accounted for over 95 p.c of its manufacturing and over 97 p.c of its gross sales.

In line with knowledge from the China Passenger Automotive Affiliation (CPCA), Tesla bought 140,453 Chinese language-built automobiles in January and February.

Whereas March knowledge is not but obtainable, it does seem seemingly automobiles out of Tesla’s Shanghai plant may have accounted for over half of the model’s world gross sales.

Provided Credit score: CarExpert

Along with its Fremont and Austin vegetation within the US and its Shanghai plant in China, Tesla has a manufacturing unit close to Berlin in Germany and introduced this 12 months that it could opened a new plant near Monterrey, Mexico.

Tesla had rolled out value cuts in markets like China and the US over the previous few months. For instance, Tesla within the US slashed the worth of its entry-level Mannequin Y by 20 p.c.

The worth cuts in China led to an all-out value conflict, with Chinese language manufacturers BYD, Nio and XPeng all reducing costs and overseas manufacturers Ford, Toyota and Volkswagen additionally following go well with.

There was much less of a value conflict within the US, however there was a slight skirmish as Ford decreased costs of its Model Y– rivalling Mustang Mach-E.

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