Tesla Inc. announced that third-quarter deliveries rose to a record level after the previous quarter’s production-induced setback.
What Happened
Tesla said it sold 343,830 cars in the third quarter, the company said in a statement on Sunday. This represented a nearly 35 percent increase from the 254,695 units sold in the second quarter, which suffered from production disruptions due to the COVID-19 outbreak in China. On a year-over-year basis, deliveries improved about 42.5 percent from the 241,300 units sold in the third quarter of 2021.Most analysts were modeling deliveries of around 360,000 for the quarter.
