Hey everybody, Rob Mauer here, and of course today we are talking about Tesla's Q2 delivery

and production report. Tesla has just released these numbers here on Saturday morning.

And we are slightly below Inel's consensus, but pretty close to what people have been expecting

largely, I would say. So of course, the delivery number here, as we can see, came in at 254,700

vehicles versus that analyst consensus in terms of analysts that had updated their forecasts

since the Shanghai lockdowns was at 256,700. So a couple thousand vehicles short, but

right in that same range that people have been expecting. As for production, Tesla was

a little bit higher on production than deliveries. So building that inventory a little bit

up, which like we said, we expected due to drawing down inventory the last three quarters.

And a lot of production this quarter falling into June, the last month of the quarter, that

makes it tough for those vehicles to all get delivered before the quarter technically wraps

up. So Tesla says they produced, you know, despite, they produced these numbers, despite

ongoing supply chain challenges, factory shutdowns beyond our control, June 2022, something

that a lot of people will miss, was the highest vehicle production month in Tesla's history.

So as we talked about, even though the delivery numbers here aren't a quarterly record, what

matters most for the rest of the year is this statement right here, highest production

month in, in Tesla's history, Shanghai probably doing a record, a free month, probably doing

a record, Berlin, in Texas, all probably record months, I would guess individually, and those

are going to all continue to ramp up. So very exciting. As we had an Q3 despite a little

bit lower performance here in Q2. And again, I think these are well within the range of what

people have been expecting. So I don't expect any significant reaction, either way, when

the markets do open again on Tuesday. We'll obviously see on that and it's hard to predict

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