Tesla recently released their production and delivery numbers for q1 2020 what do they even
mean and why are people getting excited let's find out why in this video Tesla has a record
for breaking the expectations of financial analysts this could be due in part to the
fact that many analysts just don't get the company this creates a huge divide of people who over an
underestimate Tesla due to the fact that they just don't understand the company analysts are usually
not the kind of people that should be judging a company like Tesla anyways especially not as
an automaker Tesla has many other products and services that have no correlation to cars as a
whole because of this analysts only look at one aspect cars Tesla is not only a car manufacturer
they are an energy company who happened to make cars along with other energy products like solar
and battery they're getting there don't worry this results in analysts looking at a few things
like revenue and sales of cars and only cars analysts then predict on previous data they have
and project how Tesla will be doing this or the following quarter it's quite simple actually if
the projection is higher than the real amount stock price drops if the projection is lower
then stock price jumps this is exactly what we saw after Tesla published their numbers they beat the
markets expectations and we saw the stock price jump okay that explains their stock price and how
analysts look at the company but what about actual sales numbers the amount of cars delivered isn't
higher than their previous quarter so what's all the hype about to answer that question we have to
look at the car market as a whole car sales are the lowest in q1 of any given here that can be
read in various reasons like people not going out as much in winter and not having enough
money to spare after the holiday season to spend or splurge on a car especially these expensive
cars the reason Tesla's numbers were shocking to many of us was due to two main reasons the
covert 19 pandemic slowing the entire economy thus further reducing sales of their vehicles
and year-over-year growth was up 40 percent from q1 2019 until the end of March Tesla didn't shut
down the Fremont factory which is said to impact the production number slightly but also due to
the fact that they had to deliver cars in a very unique way Tessa calls this touchless delivery the
reason Tesla is able to do this is because they already streamlined their delivery process since
the model 3 started getting delivered and many people were in and out of the delivery center in
under 15 minutes the new delivery style includes a customer having access to their car from the app
honk to let them know which car is theirs then upon reaching their vehicle the customer will
unlock the car with their phone and see papers that need to be signed inside the car with the
pen ah the glorious Tesla pen by the way did you know that tens actually lets you keep the Tesla
pen it's pretty cool ok now I want a Tesla pen anyone want to give me a test pen anyways once
those papers have been signed you can drop off these papers in a drop off box and you can drive
your brand new taser home it's as simple as that people have actually said that this only takes
about five minutes for the entire process from getting your car to leaving the delivery center
that touchless delivery system allowed Tesla to continue delivering their cars in a pandemic such
as this resulting in increased delivery numbers for Tesla this also allowed them to deliver the
brand-new model Y which many owners are making videos of and posting them online to YouTube
another reason Tesla had deliveries was due in part to their online sales model you can't
really buy a car in store technically you can the staff just lets you use their computers in order
to order the car that means that since their competitors have dealerships which are closed
during this pandemic Tesla's website remains open their factory was recently shut down on March 24th
but that was during the end of the quarter and they probably produced more cars in the entire
quarter to supply for the deliveries needed to get their numbers before that time period now q2 will
be an entirely different story because we don't know what we're in for right now as you can see
from sales numbers the cars produced are higher than cars delivered that is probably due to cars
in transit you know some cars that you have to get across an entire continent maybe to Europe
China they have a factory so they don't have to worry but Europe is one big market and they don't
have a factory up and running just yet Tesla really wanted to get out their model why into
customers hand and do that they built an entirely new tent we already had to for the model three
and adding another one for a model why brings us all the way up to three tents in the Freemont lot
this is not inside the factory this is outside the factory using Freemont factories ground by
doing this Tesla would reach the goal of delivery and production numbers for q1 and as we've seen
a 40 percent year-over-year growth is a pretty substantial increase and we can probably expect
something similar to happen in the beginning of q1 to 2021 q2 2020 doesn't seem promising but we just
have to wait and see it's also seen that Tulsa is in a much better financial position than Ford
or GM who may need government assistance to get out of this pandemic without going bankrupt you
heard that bankrupt the sad news about all of this is that they're already delayed v's that
were supposed to come out in 2020 or 20 21 are gonna be even more delayed and that would have
an inverse effect on their ability to stay alive as a company without any outside assistance these
are the types of things that make Tesla really stand out from the crowd their ability to quickly
adapt and still deliver their cars to customers during this pandemic really shows what they're
capable of add to the fact that they are making ventilators out of car parts which really shows
how the engineering team is able to quickly adapt and use current supplies to fulfill a growing need
in the coming weeks Tesla is truly a company that is disrupting many industries and one that cares
about advancing the human civilization as a whole otherwise who in the right mind would just give
away ventilators especially if they're in high demand well it's a company run by the same guy
who wanted to take the electric car from golfcart - one of the most desirable ways of transport oh
yeah forgot he also runs a rocket company which just happens to land nearly every single rocket
they put into space to be used again you know just the norm seems like everyone is doing it
these days so that's minute guys if you like the video please subscribe for more and leave
a comment about what you think quarter two holds for Tesla when will the Fremont factory be back
in business and how big of an impact will Giga Shanghai have on their delivery numbers
I would love to know your thoughts as always thank you for watching and have a lovely day