Tesla supplied 343,000 cars in the 3rd quarter of 2022– establishing a brand-new record but still disappointing estimates as a result of logistical challenges

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  • Tesla produced 365,923 vehicles as well as provided 343,830 in Q3, the business revealed Sunday.
  • While the shipments mark a new record for the company, they still disappointed quotes.
  • The company mentioned the difficulty of securing “automobile transportation capability … at a reasonable expense throughout these peak logistics weeks.”

Tesla’s latest delivery numbers remain in, and they’re a mixed bag.

The business created 365,923 cars as well as provided 343,830 in the third quarter of this year, it introduced Sunday.

The deliveries set a new document for the company as well as are up from 310,048 in the initial quarter; 254,695 in the 2nd quarter; as well as 241,300 in Q3 of in 2014. Still, shipments fell short of the consensus of experts’ quotes, which was closer to 360,000.

The firm mentioned logistical obstacles as a reason for the disparity, noting there was an increase in autos en route at the end of the quarter that will be delivered after coming to their location.

“Historically, our shipment volumes have actually altered towards the end of each quarter because of regional batch structure of autos,” Tesla claimed in a press release. “As our manufacturing volumes remain to expand, it is ending up being progressively testing to secure vehicle transport ability as well as at an affordable cost throughout these peak logistics weeks.”

According to the company, Tesla’s manufacturing numbers are up from 305,407 in the first quarter; 258,580 in the second quarter; and 237,823 in Q3 of last year.

Of the lorries produced in Tesla’s latest quarter, 19,935 were Model S and also Model X, and also 345,988 were the less expensive Model 3 as well as Model Y. When it comes to distributions, 18,672 were Model S as well as X and 325,158 were Model 3 as well as Y.

In the past two quarters, Tesla pointed out supply chain problems worsened by Russia’s intrusion of Ukraine, in addition to a closure of its Shanghai manufacturing facility in the middle of a surge in COVID-19 situations in the city, as factors hampering production as well as shipment.

Tesla will upload its financial outcomes for Q3 on October 19.

Check out the initial post on Business Insider
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