Tesla delivers record number of cars in Q3

Humza

TechSpot Staff
Staff member

Tesla had a record-setting Q2 in terms of vehicle production and delivery, and this trend saw a slight improvement in the latest quarter where the company managed to produce 96,155 vehicles and deliver approximately 97,000 units.

Most of these were Model 3 deliveries which saw a steady growth of 79,600 units as compared to 77,550 in Q2, while the combined delivery figures of the high-end Model S and X dipped slightly to 17,400 in the latest quarter as compared to 17,650 in Q2.

The mid-range and most affordable Tesla was able to generate "strong organic demand," as nearly all of the Model 3s delivered this quarter went to customers who didn't have a reservation, continuing the trend from Q2.

"We achieved record net orders in Q3 and are entering Q4 with an increase in our order backlog," said Tesla. The company "has a shot" at delivering 100,000 cars for the next quarter, which works out to almost 8,333 cars per week.

The company's Gigafactory in Shanghai, China will most likely help in achieving the milestone as the facility is reported to have a production capacity of 1,000 cars per week by this year's end.

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Uncle Al

TS Evangelist
Great figures and now their soon to be newly formed union is going to kick their butts! Well deserved!
 

toooooot

TS Evangelist
I feel like in 5 10 years I will be shopping for hybrid or fully electric vehicle. They are getting better and better.