Newsletter

Menu

Tesla reports Q3 vehicle production and delivery numbers

By Staff Correspondent |

Tesla (TSLA) delivered 83,500 vehicles and produced 80,142 vehicles during the third quarter ended September 30, 2018, the company announced on Tuesday. After CEO Elon Musk and Tesla agreed to SEC’s conditions on Saturday, shares of Tesla rose 17.35% to $310.70 during Monday’s regular trading session.

The stock, which was up about 1% before the bell on Tuesday, turned to the negative territory during the first hour of trading, dragged down by the tariff rates in China.

Tesla delivers 83,500 vehicles and produces 80,142 vehicles

Q3 deliveries totaled 83,500 vehicles, which include 55,840 Model 3; 14,470 Model S; and 13,190 Model X vehicles. In the third quarter alone, the company delivered more than 80% of the vehicles delivered in the whole of 2017.

Model 3 deliveries in the three-month period were restricted to higher-priced variants, cash/loan transactions, and North American customers only. Tesla plans to increase the Model 3 deliveries by introducing leasing, standard battery and other lower-priced variants of the car, and by starting worldwide deliveries.

The US/China trade war caused an import tariff rate of 40% on Tesla vehicles compared to 15% for other imported cars in China. To compete in China, which has got a huge potential for electric vehicles, Tesla plans to spur its Shanghai factory construction.

Production in the recently ended quarter increased 50% to 80,142 vehicles compared with June quarter. The company produced 53,239 Model 3, and 26,903 Model S and X vehicles in the September quarter. Model 3 production met Tesla’s guidance and rose 86% compared to the second quarter. Model S and X vehicles were a tad higher than Q2 and matched with the company’s full-year outlook.

Elon Musk Q3 Tesla deliveries productionThe company transitioned to more dual motor drives than rear wheel drive cars in the third quarter. In the final week of the September quarter, Tesla produced over 5,300 Model 3 vehicles. Before the quarter ended, Elon Musk tweeted about the higher volume and deliveries achieved in the quarter and thanked Tesla supporters.

The automaker plans to continue to expand direct deliveries to customers at their home or office, a service that it launched in Q3. Tesla added that its overall target of 100,000 Model S and X deliveries in 2018 remains unchanged.

Tesla soars amid SEC settlement and production optimism

Advertisement

More on this Company

Look out Tesla, BMW unveils electric motorcycle, car concept

June 25, 2019

Nio stock plunges to a record low

June 12, 2019

DEEP FOCUS: Everything you need to know about Tesla (TSLA) stock

June 9, 2019

218 responses to “Tesla reports Q3 vehicle production and delivery numbers”

  8. Marketing job market

    […]Wonderful story, reckoned we could combine several unrelated information, nevertheless definitely really worth taking a appear, whoa did a single find out about Mid East has got additional problerms as well […]

  11. fue

    […]that would be the finish of this report. Right here you’ll come across some sites that we believe you will appreciate, just click the hyperlinks over[…]

  16. متطلبات التخرج

    […]we prefer to honor a lot of other internet internet sites around the internet, even if they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  18. attendance

    […]we like to honor a lot of other world wide web websites on the internet, even if they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  27. fue contact

    […]Every once inside a whilst we opt for blogs that we study. Listed below are the most up-to-date web sites that we decide on […]

  84. six sigma

    […]just beneath, are numerous absolutely not connected web pages to ours, on the other hand, they are surely really worth going over[…]

  92. Sell Anything for Free

    […]we like to honor numerous other world wide web web sites on the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  102. Betting

    […]we like to honor a lot of other world wide web websites on the web, even when they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  106. live sex cams

    […]although web-sites we backlink to beneath are considerably not associated to ours, we really feel they’re truly worth a go as a result of, so possess a look[…]

  107. FiverrEarn

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nevertheless really worth taking a search, whoa did 1 learn about Mid East has got additional problerms too […]

  111. FiverrEarn

    […]that could be the finish of this article. Here you’ll locate some websites that we feel you’ll appreciate, just click the hyperlinks over[…]

  117. Paneer

    […]always a massive fan of linking to bloggers that I appreciate but don’t get a whole lot of link appreciate from[…]

  118. technology

    […]that will be the finish of this write-up. Right here you will find some web pages that we think you’ll value, just click the hyperlinks over[…]

  130. frt trigger

    […]Wonderful story, reckoned we could combine several unrelated information, nevertheless definitely worth taking a appear, whoa did a single master about Mid East has got much more problerms too […]

  134. nangs near me

    […]very few sites that transpire to be detailed below, from our point of view are undoubtedly effectively really worth checking out[…]

  136. mobile app developer

    […]although internet websites we backlink to beneath are considerably not associated to ours, we really feel they may be basically really worth a go by, so have a look[…]

  142. regles 421

    […]here are some hyperlinks to websites that we link to due to the fact we consider they are really worth visiting[…]

  147. health and wellness products

    […]we like to honor a lot of other online sites around the internet, even when they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  148. megagame

    […]here are some links to web-sites that we link to for the reason that we consider they may be really worth visiting[…]

  158. mzplay

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless definitely worth taking a search, whoa did a single find out about Mid East has got extra problerms at the same time […]

  160. cheap french bulldog puppies under $500

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless genuinely really worth taking a appear, whoa did a single learn about Mid East has got far more problerms too […]

  170. linh hoang

    […]although internet websites we backlink to below are considerably not connected to ours, we feel they are truly really worth a go by means of, so possess a look[…]

  175. free video chat

    […]we like to honor numerous other online sites on the web, even if they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  176. playnet app

    […]that could be the end of this article. Here you’ll locate some internet sites that we assume you will enjoy, just click the links over[…]

  178. french pitbull

    […]Wonderful story, reckoned we could combine several unrelated information, nevertheless really really worth taking a look, whoa did one particular learn about Mid East has got a lot more problerms also […]

  180. 스포츠분석

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless seriously worth taking a look, whoa did one particular learn about Mid East has got much more problerms also […]

  182. esports domain

    […]although web sites we backlink to below are considerably not associated to ours, we feel they are basically worth a go via, so have a look[…]

  184. bo6 ESP

    […]here are some links to web sites that we link to simply because we consider they are really worth visiting[…]

  188. 늑대닷컴

    […]just beneath, are numerous entirely not related internet sites to ours, however, they’re certainly worth going over[…]

  190. massachusetts boston terriers

    […]we prefer to honor a lot of other internet web-sites on the net, even though they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  202. Dog Breed Registries

    […]although internet websites we backlink to below are considerably not related to ours, we feel they’re actually worth a go via, so possess a look[…]

  203. Dog Registry

    […]that may be the finish of this report. Right here you will come across some web pages that we consider you’ll enjoy, just click the hyperlinks over[…]

  204. Dog Registry

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nevertheless actually really worth taking a appear, whoa did one particular discover about Mid East has got a lot more problerms too […]

  208. isla mujeres condos

    […]just beneath, are quite a few completely not connected web-sites to ours, on the other hand, they’re surely worth going over[…]

  210. French Bulldog Adoption

    […]we like to honor many other web internet sites around the internet, even when they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  211. exotic bullies

    […]we like to honor lots of other online web pages around the web, even when they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  214. sui

    […]check below, are some entirely unrelated web-sites to ours, nevertheless, they are most trustworthy sources that we use[…]

Top