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There has been considerable discussion surrounding Tesla's delivery and production numbers for Q1. Though the figures were lower than many anticipated, they were not as disappointing upon closer inspection. Analysts suggest that the decline largely reflects Tesla's switch to a refreshed Model Y, which accounts for 65% of the company’s sales. Significant production was disrupted for approximately three weeks during this transition period.
Cern Basher’s analysis detailed that even with production interruptions, Tesla's production capacity for the quarter was realistically in line with reported numbers. The company managed to produce 362,615 units, effectively managing its inventory, which remained exceptionally low compared to industry standards.