Tesla delivered 343,000 vehicles in the third quarter of 2022 — setting a new record but still falling short of estimates due to logistical challenges

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  • Tesla generated 365,923 motor vehicles and sent 343,830 in Q3, the corporation introduced Sunday.
  • While the deliveries mark a new report for the business, they still fell short of estimates.
  • The firm cited the obstacle of securing “motor vehicle transportation ability … at a reasonable cost throughout these peak logistics weeks.”

Tesla’s most recent delivery quantities are in, and they are a combined bag.

The organization developed 365,923 cars and delivered 343,830 in the third quarter of this year, it declared Sunday.

The deliveries set a new document for the corporation and are up from 310,048 in the first quarter 254,695 in the 2nd quarter and 241,300 in Q3 of last calendar year. Even now, deliveries fell quick of the consensus of analysts’ estimates, which was nearer to 360,000.

The organization cited logistical troubles as a explanation for the discrepancy, noting there was an enhance in cars and trucks in transit at the conclusion of the quarter that will be shipped soon after arriving at their place.

“Historically, our shipping and delivery volumes have skewed to the stop of every quarter owing to regional batch constructing of cars and trucks,” Tesla claimed in a press launch. “As our creation volumes carry on to develop, it is becoming significantly demanding to protected vehicle transportation potential and at a realistic value during these peak logistics weeks.”

In accordance to the firm, Tesla’s creation numbers are up from 305,407 in the initially quarter 258,580 in the 2nd quarter and 237,823 in Q3 of very last year.

Of the automobiles produced in Tesla’s most new quarter, 19,935 had been Model S and Design X, and 345,988 have been the much less expensive Product 3 and Design Y. As for deliveries, 18,672 ended up Design S and X and 325,158 ended up Model 3 and Y.

In the previous two quarters, Tesla cited offer chain troubles designed even worse by Russia’s invasion of Ukraine, as very well as a shutdown of its Shanghai manufacturing facility amid a surge in COVID-19 conditions in the metropolis, as elements hampering production and shipping.

Tesla will put up its monetary final results for Q3 on Oct 19.