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Tesla's EV deliveries miss estimates in Q3, slowed by logistic snarls

Tesla delivered 343,830 electric vehicles, while analysts on average had expected 359,162, according to Refinitiv. A year earlier Tesla delivered 241,300 units

Photo: Bloomberg
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Photo: Bloomberg

Reuters
Tesla Inc on Sunday announced its third-quarter electric vehicle deliveries were lower than expected, citing logistics challenges.
Tesla delivered 343,830 electric vehicles, while analysts on average had expected 359,162, according to Refinitiv. A year earlier Tesla delivered 241,300 units.
 
The latest deliveries fell far short of Tesla's production of 365,923 vehicles, which is rare for the automaker which has seen its deliveries higher or similar to production in many of recent quarters.
 
"Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars," Tesla said in a statement. "As our production volumes continue

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