Tesla delivers record number of electric cars
Tesla has shown its third-quarter delivery and production results, showing that Tesla delivered a record number of 139,300 electro vehicles.
A few weeks ago, the Wall Street reporter from Tesla analysts was just over 120,000 deliveries, but the expectations rose to roughly 140,000 deliveries over the last week of the quarter.
Tesla released its delivery and production results, confirming the production of more than 145,000 vehicles and the delivery of almost 140,000 vehicles.
It is a new all-time delivery record for Tesla - beating its last record Q4 2019 deliveries of 112,000 electric vehicles.
Tesla was back to producing more cars than it delivered, Tesla reported, including 128,044 Model 3 and Model Y vehicles, and 16,992 Model and Model X vehicles, making the total of 145,036 electric vehicles.
With possible excess capacity at the Shanghai Factory, Tesla now plans to begin exporting some of its made-in-China vehicles to Europe. Historically, it has exported only cars it produced in the U.S. to Europe.
This is a truly impressive result especially when compared to the Tesla’s competitors. While all the car companies are recovering from the pandemic, Tesla is not only recovering, but also increasing sales significantly.
Tesla’s stock is down 4% in pre-market trading, but it can not really be attributed to the delivery result since it was down by more than 5% earlier. All of the stocks are currently falling because of the recent news with President Donald Trump having a COVID-19.
