2% In Q1, Tesla’s excuse was that the Model Y changeover limited production and consequently deliveries, even though this could be disproven by the fact that Tesla overproduced cars by approximately 30,000 units in Q1. Regardless, Tesla doesn’t have this excuse in the second quarter as production for the new Model Y ramped up at all factories and the automaker started to accumulate inventory. We can now see that in the production numbers coming in at 410,000 units – way up from 362,000 units in Q1. However, Tesla is again significantly adding to inventory with production coming in at about 25,000 units over deliveries. Tesla also confirmed having deployed 9.6 GWh of energy storage products – down from 10.4 GWh last quarter and in line with deployment during the same period last year. Electrek’s Take