Tesla Announces Q2 2024 Production and Delivery Updates, Financial Results Date, and Webcast Details
Money | July 2, 2024, 7:54 a.m.
In the second quarter of 2024, Tesla achieved significant milestones by producing 411,000 vehicles and delivering 444,000 vehicles, along with deploying 9.4 GWh of energy storage products, the highest quarterly deployment to date. These results are indicative of Tesla's continued growth and success in the electric vehicle and energy storage markets.
Investors can anticipate Tesla's financial results for Q2 2024 to be released after market close on July 23, 2024. The company will host a live question and answer webcast to discuss its financial and business results later that day. While vehicle deliveries and energy storage deployments are important metrics, Tesla emphasizes that they should not be solely relied upon for assessing quarterly financial performance. Various factors such as average selling price, cost of sales, and foreign exchange movements will also play a role in determining the company's financial results for the quarter.