Tesla Investor Relations web site released its Q1 2023 productions and deliveries results. They will have more details in its Q1 earnings scheduled for April 19, 2023.
Total production is 440,808 and total deliveries 422,875.
| Model | Q1’23 Production | Q1’23 Deliveries | Q4 ’22 Production | Q4 ’22 Deliveries | Q1’22 Production | Q1’22 Deliveries |
| Model S/X | 19,437 | 10,695 | 20,613 | 17,147 | 14,218 | 14,724 |
| Model 3/Y | 421,371 | 412,180 | 419,088 | 388,131 | 291,189 | 295,324 |
Q1’23 saw Model S/X deliveries drop significantly with deliveries significantly deviating from production rate. It is lower than previous quarter and the same quarter a year ago. As these are higher price cars, it may be more impacted by interest rates. In addition these high price cars are not eligible for EV credits.
Q1’23 Model 3/Y looks much better than Model S/X. Model 3/Y achieved record deliveries and production. This may be due to Europe and US EV credits and the large price reductions for these models.
Tesla also tweeted on April 2nd, 2023, Giga Texas has achieved 4,000/week production rate.