Tesla delivers record 26,150 vehicles, only 220 Model 3 sedans
Tesla confirmed today its third quarter 2017 delivery numbers and the automaker delivered a record number of vehicles, including a few Model 3 sedans for the first time.
The automaker had previously guided over 23,000 Model S and Model X deliveries during the third quarter and it significantly beat the guidance with 14,065 Model S sedans and 11,865 Model X SUVs.
It represents a 4.5% increase quarter-over-quarter and 17.7% increase over the same period last year.
It’s a new record global delivery number for Model X – beating the previous record in Q1 2017 by over 300 units.
As for Model 3, Tesla confirmed slow production of only 260 units.
Oops. Yeah, that’s a big miss. The short sellers are going to be all over this. That said, should we worry? Telsa seemed to think we shouldn’t.
It is important to emphasize that there are no fundamental issues with the Model 3 production or supply chain. We understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near-term.”
Of course, they would say that. But, Tesla has an excellent track record of missing deadlines, but still delivering the goods. I don’t think this will be any different.
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