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Tesla Delivered Record 139,300 Vehicles in Q3

Posted: Sun Oct 04, 2020 9:09 pm
by cy128
Tesla Inc, an American electric vehicle and clean energy company based in California, said on Friday that it produced just over 145,000 vehicles and delivered a record 139,300 vehicles in the third quarter, shrugging off the good news shares fell over 5% in pre-market trading.

The manufacturer of high-performance electric vehicles slightly beats the market consensus of 134,720 vehicles deliveries.

Tesla delivered 124,100 units of its new Model Y sport utility vehicle and Model 3 vehicles in the period as U.S. production recovered after being suspended from the end of March to early May due to the COVID-19 lockdown. That was below expectations of 128,000 Model 3 and Model Y vehicles combined, Reuters reported.