Tesla (TSLA) Q4 Deliveries at Low End of Guidance

Tesla (NASDAQ: TSLA) announced Sunday afternoon that Q4 deliveries consisted of 17,192 Model S vehicles and 208 Model X vehicles. (507 Model X vehicles were produced during Q4 with the remainder to be delivered in early Q1.)

This was at the lower end of the 17,000-19,000 guidance the company gave and 18,300 unit estimate an analyst on Wall Street recently predicted.

Q4 Model S deliveries were approximately 48% more than our prior quarterly record and approximately 75% more than Q4 last year. Model X deliveries are in line with the very early stages of our Model X production ramp as we prioritize quality above all else. That ramp has been increasing exponentially, with the daily production rate in the last week of the year tracking to production of 238 Model X vehicles per week.

There may be small changes to this delivery count (usually well under 1%), as Tesla only counts a delivery if it is transferred to the end customer and all paperwork is correct.

Total 2015 deliveries were 50,580.

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