Business Maverick: Tesla deliveries miss estimates, slowed by logistic snarls

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Worldwide deliveries of Tesla missed forecasts in the third quarter and the company warned of challenges in getting its cars to customers, suggesting that supply-chain snarls remain a blight.

It delivered a record 343,830 cars worldwide in the third quarter. Analysts had expected that nearly 358,000 vehicles would be shipped, based on the average of estimates compiled by Bloomberg.

CEO Elon Musk said on Twitter he’s aiming for “steadier” deliveries in between quarters, adding that the customer experience suffers from an end-of-quarter rush. Tesla had said that its delivery count is conservative and that final numbers could vary by 0.5% or more. The company produced 365,923 vehicles for the quarter.

The carmaker doesn’t reveal sales by geography, but the US and China are its largest markets and the overwhelming number of sales were of the Model 3 sedan and Y crossover.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What a crock of sh*t. Production is up. The undelivered cars are in transit. They will be delivered in Q4. $TSLA Tesla

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Tesla deliveries miss estimates, slowed by logistic snarlsWorldwide deliveries of Tesla missed forecasts in the third quarter and the company warned of challenges in getting its cars to customers, suggesting that supply-chain snarls remain a blight. What a crock of sh*t. Production is up. The undelivered cars are in transit. They will be delivered in Q4. $TSLA Tesla
Source: dailymaverick - 🏆 3. / 84 Read more »