Tesla reported 466,140 deliveries for the second quarter, and production of 479,700 vehicles

Tesla posted its second-quarter vehicle production and transportation report for 2023 connected Sunday.

Here are the cardinal numbers from the electrical conveyance maker:

Total deliveries Q2 2023: 466,140

Total accumulation Q2 2023: 479,700

About 96% of the deliveries Tesla reported were of its Model Y crossover, and Model 3 entry-level sedan successful this quarter. The company's older Model X SUV and Model S sedan, which are higher priced, amounted to little than 5% of deliveries.

Tesla's reported deliveries roseate 83% year-over-year aft the institution added manufacturing capacity, including ramping up accumulation astatine its 2nd car assembly works successful the U.S. successful Austin, Texas.

The institution does not interruption retired deliveries by portion oregon idiosyncratic model.

During the 2nd 4th of past year, Tesla reported 254,695 deliveries, and successful the archetypal 4th of 2023, Tesla reported 422,875 deliveries. During the 2nd 4th of 2022, Tesla produced 258,580 vehicles and past 4th it produced 440,808 vehicles.

Deliveries are a cautiously watched fig by Tesla shareholders and are the closest approximation of income disclosed by the company. Tesla does not interruption retired its deliveries by idiosyncratic exemplary oregon region.

Wall Street was expecting Tesla to study deliveries of 445,924 for the play ending June 30, 2023, according to expert estimates compiled by FactSet-owned Street Account.

The autarkic researcher who publishes nether the handle TroyTeslike was expecting deliveries of 448,000 and accumulation of 471,355 vehicles.

CEO Elon Musk's electrical conveyance shaper offered immoderate discounts and different incentives to boost income of its cars successful the U.S. during the quarter, including connected its Model 3 entry-level sedan, and much recently, its older Model X SUV and Model S flagship sedan, which correspond a tiny percent of wide income for Tesla currently.

Piper Sandler elder probe expert Alexander E. Potter wrote successful a enactment connected June 26, that according to the firm's analysis, "Prices person been stable," for Tesla during the 2nd 4th connected balance. The company's steep discounts successful and beyond China successful the archetypal 4th sparked cries of a "price war" successful the electrical conveyance market. Potter cautioned that "Price cuts successful Q3, if any, could reignite interest re: margins," for investors.

Tesla currently operates conveyance assembly plants successful Fremont, California, Austin, Texas, and overseas successful Shanghai and Brandenburg, Germany (outside of Berlin). The institution besides makes the Semi, a heavy-duty electrical truck, astatine its artillery works successful Sparks, Nevada. Deliveries of the Semi began successful December 2022 but Tesla inactive isn't producing the trucks successful precocious volumes.

In March, Musk announced that Tesla plans to physique a caller mill adjacent Monterrey, Mexico, a day's thrust from its Austin, Texas factory. After meeting with India Prime Minister Narendra Modi successful New York successful June, Musk said Tesla was besides looking to put successful India "as soon arsenic humanly possible," too.

The institution is expected to statesman selling a partially revamped mentation of the Model 3 successful North America this year. At an annual shareholder gathering successful May, Musk besides said Tesla volition present its archetypal Cybertruck pickups successful 2023 and is processing a caller benignant of thrust portion and different exertion that should let it to present a much affordable electrical conveyance successful the future.

Anticipation for newer and much affordable models could proceed to enactment unit connected sales, on with rising competition, particularly successful China.

Musk, who is besides enforcement president and CTO of Twitter and CEO of SpaceX, wrote successful a tweet up of the second-quarter deliveries report: "Please counsel radical to beryllium wary of borderline loans. Tesla has ever been a precocious variability stock, often with nary evident rhyme oregon reason. We are assured astir semipermanent worth creation, but cannot power the manic-depressive quality of the banal market."

Tesla shares closed astatine $261.77 connected Friday up of the second-quarter update.

— CNBC's Ashley Capoot contributed reporting.

This is simply a processing communicative delight cheque backmost for updates.