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Global deliveries were up 50% in Q2 vs Q1.
by danhak 7y ago
Global deliveries were up 50% in Q2 vs Q1.
- dragontamer 7y agoMostly because Q1 was a terrible quarter. I don't think anyone should be comparing anything vs Q1 2019, especially if you're considering global numbers. (We have to make due with German numbers, because M3 didn't exist there until Q1) -------- Q2 global deliveries were only up 5% from Q4 2018, and that's after launching Model 3 sales in China and Europe. Worse yet: Q2 2019 revenue is flat lined (compared to Q4 2018) because Tesla had so many discounts going on. $6.32 Billion Revenue in Q4 2018, $6.35 Billion Revenue in Q2 2019. That's 5% more cars sold but only 0.5% more revenue, after expanding to new markets. --------- In any case, German numbers seem to have flatlined. So Tesla isn't going to be relying on Germany sales to boost its numbers. Its all about China and Canada sales at this point.