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Replies to post #20846 on Tesla Inc (TSLA)
07/24/19 10:07 PM
Elon Musk
Thank you. So last quarter we delivered more than 95,000 vehicles, which is a record for Tesla. To that in perspective, it's nearly an 80% increase in deliveries compared to the second quarter of last year. I mean it's – the percentage is heartfelt appreciated when you have a large manufactured item with a complex double supply chain, just how difficult that is. I'm incredibly proud of the Tesla team for being able to do that.
I think this level of growth is possibly unprecedented, might be the fastest that any large complex manufactured item has grown in history. So just, I think, really great work by the Tesla team to achieve that outcome and we expect growth to continue in the future at -- for several years to come at company at a 100% level.
So -- that’s like generally – that's not well appreciated how the quarters to grow at that rate. So -- achieving record number of deliveries is an important milestone and shows the rapid progress we've made in managing our global logistics and delivery operations at high volume. And as I said, all this was achieved, thanks to the tremendous hard work of the entire Tesla team.
Model 3 was once again the best-selling premium vehicle outside in the U.S., outselling all of its gas-powered equivalents combined. In Europe, Model 3 is approaching sales levels of its established premium competitors and was awarded a five-star rating from Euro NCAP earlier this month. This is in addition to Model 3 receiving an overall five-star rating in the U.S. from NHTSA and including earning five stars in every category and subcategory and achieving the lowest probability of injury of any vehicle ever tested.
Motor Trend also recently selected Model S as the best vehicle they have ever tested in their 70-year history across all other cars. So Motor Trend, which is arguably the leading authority in evaluating vehicles, the Motor Trend Car of the Year is the most coveted award. It's pretty incredible that they would say that Model S in their entire 70-year history is the best vehicle they have ever evaluated. This is despite Tesla not buying any advertising in Motor Trend and it speaks to their journalistic integrity. That's something special. So -- and since the vehicle that they evaluated we've actually made -- commenced advancements of both Model S and Model X including our updated renew suspension with active damping capability and an all-new drivetrain that's capable of a 370-mile range in the Model S and a 325-mile range in the Model X.
07/29/19 3:29 PM
