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Tesla Financial Results 2023

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023

AUSTIN, Texas, January 2, 2024 – Tesla has released its financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, Tesla produced approximately 495,000 vehicles and delivered over 484,000 vehicles. In 2023, vehicle deliveries grew 38% YoY to 1.81 million while production grew 35% YoY to 1.85 million.

Q4 2023

Production Deliveries Subject to operating lease accounting
Model 3/Y 476,777 461,538 2%
Other Models 18,212 22,969 3%
Total 494,989 484,507 2%

2023

Production Deliveries
Model 3/Y 1,775,159 1,739,707
Other Models 70,826 68,874
Total 1,845,985 1,808,581

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Tesla will post its financial results for the fourth quarter of 2023 after market close on Wednesday, January 24, 2024. At that time, Tesla will issue a brief advisory containing a link to the Q4 and full year 2023 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.

Tesla net income and cash flow results will be announced along with the rest of our financial performance when we announce Q4 and full year 2023 earnings. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

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