Tesla’s Q3 production of nearly 470,000 electric vehicles and deliveries also increased year-on-year month-on-month

[TechWeb] News on October 3, according to foreign media reports, Tesla, which usually publishes quarterly production and delivery of electric vehicles the day after the end of each quarter, announced their third-quarter production and delivery volume on Wednesday local time.

Although it did not hit a new high, it increased year-on-month and was slightly higher than market consensus.

According to the news released by Tesla on its official website, they produced 469,796 electric vehicles in the second quarter and delivered 462,890 to pre-orders.

In the third quarter of last year, Tesla produced 430,488 electric vehicles and delivered 435,059.

in the second quarter of this year, it produced 410,831 electric vehicles and delivered 443,956 electric vehicles.

In the third quarter of this year, both production and delivery increased year-on-year.

However, Tesla’s production and delivery volume in the third quarter were still far from the production of 494,989 vehicles and delivery volume of 484,507 vehicles in the fourth quarter of last year, and did not hit a new high.

However, considering that the fourth quarter is usually the quarter with their highest production and delivery volume in each year, their production and delivery volume in the fourth quarter are expected to hit new highs after increasing year-on-year in the third quarter.

At the end of last month, foreign media mentioned in reports that the market generally expected Tesla to deliver 461,000 electric vehicles in the third quarter, and some investment bank analysts expected to deliver 459,000 electric vehicles.

In the end, Tesla’s delivery volume in the first quarter was 462,890 vehicles, higher than market expectations.

In terms of models, the Model 3 and Model Y are still the absolute main force of Tesla’s production delivery in the third quarter, contributing the vast majority of it.

According to data released by Tesla, Model 3 and Model Y produced 443,668 vehicles and delivered 439,975 vehicles in the third quarter.

other models including Model S, Model X, electric truck Semi and electric pickup truck produced 26,128 vehicles and delivered 22,915 vehicles.

Since electric vehicles are Tesla’s main source of revenue, accounting for about 80%, after quarterly production and delivery increased year-on-year, there is a high probability that their revenue in the third quarter will also increase year-on-year.

However, whether the specific increase will not be announced until after the financial report is released.

When announcing quarterly production and deliveries, Tesla also disclosed that they will release their third-quarter financial report after the close of the US stock market on October 23, local time.

How will the revenue be announced? (Hailan), return to the first electric network home page>,.

Link to this article: https://evcnd.com/teslas-q3-production-of-nearly-470000-electric-vehicles-and-deliveries-also-increased-year-on-year-month-on-month/

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