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Monday, May 29, 2023

Tesla Simply Handed 4 Million Cumulative Gross sales (Charts)

Tesla gross sales hit one more quarterly report within the 1st quarter of 2023. That was overshadowed by the truth that Tesla lower costs a number of occasions and gross margins dropped, however Tesla’s phenomenal progress growing automobile manufacturing and gross sales quarter after quarter nearly with no break is worthy of its personal story.

(Word that interactive variations of all of those charts are down on the backside of this text. They have a tendency to indicate finest on an actual pc, somewhat than a smartphone.)

In 11 out of the final 12 quarters, Tesla’s gross sales (deliveries) rose in comparison with the quarter earlier than. That’s each quarter besides one prior to now 3 years that the corporate noticed quarter-over-quarter gross sales. Moreover, the beginning of that pattern was when the COVID-19 pandemic hit, and associated financial shutdowns world wide. When you assume the 2 weak quarters in 2020 from these shutdowns had adopted the traditional pattern, then 15 out of the final 16 quarters would have proven quarter-over-quarter progress. The humorous factor is that in yearly of that chart, there have been many claims from Tesla critics that Tesla buyer demand was peaking and quarterly gross sales would by no means be greater once more.

Earlier than getting again to the bar charts, although, let’s have a fast take a look at Tesla’s cumulative gross sales numbers.

The chart above reveals an nearly excellent instance of exponential progress. It appears like the primary half of the well-known S-curve of disruptive know-how adoption. All in all, Tesla’s progress appears strong and enviable.

That’s total cumulative gross sales progress, however it’s maybe extra fascinating to separate out cumulative Tesla Mannequin 3 and Mannequin Y gross sales progress.


As you’ll be able to see in these charts above, whereas Tesla Mannequin 3 cumulative gross sales continued to go up steadily, it was the arrival of the Tesla Mannequin Y and its fast ramp-up that actually saved Tesla on that total exponential progress curve. In reality, the Mannequin Y is catching as much as the Mannequin 3 quick. Its cumulative gross sales have risen to nearly 1.6 million, whereas Mannequin 3 cumulative gross sales are only a bit greater at about 1.9 million. We may effectively see the Mannequin Y surpass the Mannequin 3 in cumulative gross sales by the top of 2023! That’s a bit thoughts blowing when you think about how shortly and the way massively the Mannequin 3 shattered EV gross sales data, and data past the EV trade.

Getting again to a bar chart, this one above once more reveals Tesla’s quarterly gross sales pattern, however this time indicating every quarter’s mannequin gross sales. The standout visible right here, but once more, is how a lot Mannequin Y gross sales grew and contributed to Tesla’s rising quarterly gross sales. One has to marvel: how excessive can the Mannequin Y go? It was already the 4th finest promoting vehicle on the earth in 2022.

For the final two graphics (earlier than the interactive charts, which embrace yet one more kind of chart), we’ve acquired a few line graphs.

These line graphs point out quarterly Tesla gross sales, simply because the bar charts above did, however wanting on the visible representations on this different manner helps to image from one other viewpoint what’s driving Tesla gross sales. I discover the Mannequin Y’s progress pattern staggering, and it’s value noting that the automobile is on observe for greater than one million gross sales in 2023 after the first quarter.

These gross sales charts are enjoyable, however what’s much more enjoyable are the interactive variations beneath. Remember to get on an precise pc to maximise the enjoyable. The on chart that’s new right here is the one with the purple bars. On that chart, you’ll be able to toggle between the fashions to see quarterly bar charts for every of them. The dimensions adjustments relying on the mannequin, which takes away among the comparability potential, however this chart is extra about zeroing in on the gross sales traits of every mannequin individually.

As a last word, keep in mind that the model-specific gross sales figures usually are not official Tesla figures. Tesla combines gross sales of the Mannequin 3 and Mannequin Y (which is downright annoying, particularly contemplating that no different automaker does this with such clearly totally different fashions) and gross sales of the Mannequin S and Mannequin X (ditto). The way in which I break up out mannequin gross sales right here is now most closely knowledgeable by Troy Teslike’s monitoring of manufacturing and gross sales, and his ensuing estimates.

Something lacking right here that you simply’d wish to see in upcoming Tesla quarterly gross sales reviews?


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