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Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles - TL;DR CNBC

Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles

Publishing timestamp: 2023-10-02 11:21:31


Summary

Tesla has reported its third-quarter vehicle production and deliveries for 2023. The company experienced a sequential decline in volumes due to planned factory shutdowns for upgrades. Despite this, Tesla's volume target of around 1.8 million vehicles for 2023 remains unchanged. The article also mentions that Tesla did not report on production or delivery numbers for its Semi electric truck. Wall Street analysts were expecting Tesla deliveries to reach 461,640 for the period ending Sept. 30. Tesla's shares were up around 1% following the report. The article also mentions Tesla's price cuts, the release of a revamped version of the Model 3 sedan, and a change in CFO.


Sentiment: NEUTRAL

Tickers: TSLA

Keywords: autosbusiness newsbreaking news: technologyelon muskelectric vehicleselectric vehicle manufacturingtesla inctechnologyventure capital

Source: https://www.cnbc.com/2023/10/02/tesla-tsla-q3-2023-vehicle-delivery-and-production-numbers.html


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