Gaishi Automobile News In the third quarter of this year (July to September), Tesla’s global car deliveries fell short of market expectations, which made Tesla’s desire to achieve a strong rebound driven by the recovery of demand in the China auto market fell short.
In the third quarter of this year, Tesla produced 469,796 vehicles worldwide, a year-on-year increase of 9.
1% compared with 430,488 vehicles in the same period last year and a 14.
4% increase from the second quarter (410,831 vehicles).
462,890 vehicles were delivered, a year-on-year increase of 6.
4% compared with 435,059 vehicles in the same period last year and a 4.
3% increase from the second quarter (443,956 vehicles).
This was the first quarterly sales growth this year, but it was still slightly below Wall Street’s forecast of 463,000 vehicles.
Affected by this, Tesla’s share price fell more than 6%.
Despite this, Tesla still maintains its position as the world’s largest manufacturer of pure electric vehicles.
Recently, China electric vehicle manufacturer BYD also announced that its delivery of pure electric vehicles in the third quarter of this year totaled 443,426 units, a year-on-year increase of 2.7%. For BYD, the company’s year-on-year growth in pure electric vehicle sales is relatively moderate, but after the company launched the latest hybrid technology in May this year, its plug-in hybrid vehicle sales surged 75.
6% year-on-year.
Tesla has not provided details on the regional distribution of its deliveries, but industry data and analyst forecasts show Tesla sales in Europe are weak, while Tesla deliveries in China are up nearly 25% month-on-month.
In recent weeks, analysts have expected that as demand in the China auto market continues to grow, investors will become increasingly enthusiastic, believing that Tesla’s deliveries in the third quarter may exceed market expectations, but in the end this expectation was not realized.
Barclays analyst Dan Levy said in a report that Tesla’s delivery volume fell short of expectations appears to be mainly due to weak sales of its high-end Model S and Model X models.
In addition, Cybertruck, launched last year, also affected deliveries due to manufacturing issues and defective parts recalls.
, Model S.
Photo source: Tesla, however, as Tesla is about to launch its “self-driving taxis,” expectations for increased Tesla deliveries are also rising.
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