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Tesla Sets New Revenue High On The Back of Record Deliveries

One of the most difficult things in manufacturing is to go from making products to making products in large numbers whilst also maintaining quality. For Tesla the question has always been about whether it could scale its operations to meet its lofty ambitions.

Today's earnings call reports news which suggests it can. It delivered 25,000 new EVs in the past quarter, generating revenue of $2.7bn in the process. Both those numbers are high marks for Tesla. The company expects to match that number for Q2, pushing half year sales to 50,000.

All this is good news in the run-up to the Model 3 coming on stream, The newer, cheaper Tesla has generated high levels of interest and a significant number of preorders. Continuing to ramp up production capability in order to minimize delivery delays is the next challenge Tesla faces.