Tesla delivered 2% fewer cars than a year ago. It beat Wall Street's forecast.
Analysts expected 461,974 deliveries in the third quarter.
Tesla came in 24,558 above that consensus and ahead of every individual estimate Electrek listed, the outlet reported on Friday. A year earlier, deliveries were 497,099.
The year-ago quarter included a rush by US buyers to use an expiring federal tax credit, TechCrunch noted. According to TechCrunch, Tesla's US sales are down nearly 20% year on year through the third quarter, while its European sales are rising again.
Model 3 and Model Y accounted for 478,237 deliveries. Cybertruck, Semi and the remaining Model S and X accounted for 8,295. Energy storage reached 13.7 GWh against analysts' forecast of 15.9 GWh.
Tesla also delivered 22,141 more cars than it built, its second consecutive quarter of selling down stock, according to Electrek. The delivery beat is clear. How much it says about fresh demand is harder to establish from these figures.
Image: AI-generated.
Sources
Our file on Tesla
- 1 Oct
Tesla lined up $30 billion of credit. Its spending nearly triples this year.
- 27 Sept
Tesla's driver-assist software sped in 55% of Brussels 30 km/h zones tested.
- 26 Sept
Tesla builds hundreds of robots a week. Their AI still can't handle varied tasks.
- 23 Sept
Tesla wants 50,000 dollars up front. The price is still unknown.
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