Home » News » Auto » Elon Musk-Led Tesla Sells Record 3.43 Lakh Vehicles in Q3 2022, Check Details Here
1-MIN READ

Elon Musk-Led Tesla Sells Record 3.43 Lakh Vehicles in Q3 2022, Check Details Here

IANS

Last Updated: October 04, 2022, 11:14 IST

San Francisco

Image used for representation  (Photo: IANS)

Image used for representation (Photo: IANS)

Tesla CEO Elon Musk was elated to see the record sales numbers in Q3 2022 after a weak performance in the Q2 owing to Covid shutdowns especially in China

Electric car-maker Tesla delivered a record 343,830 vehicles in the third quarter (Q3), after a weak performance in the second quarter owing to Covid shutdowns especially in China. The company said it produced over 365,000 vehicles and delivered over 343,000 vehicles.

Musk tweeted: “Smoothing out the crazy end of quarter delivery wave to reduce expedite costs and relieve stress on the Tesla team. Aiming for steadier deliveries intra-quarter".

RELATED NEWS

“Customer experience suffers when there is an end of quarter rush. Steady as she goes is the right move," he added.

Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars. As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks," Elon Musk-run company said in a statement late on Sunday.

It added that in Q3, “we began transitioning to a more even regional mix of vehicle builds each week, which led to an increase in cars in transit at the end of the quarter".

Also Read: Tesla Job Cut Could Mean Savings of Up To $1 Billion in Yearly Operational Costs

The cars have been ordered and will be delivered to customers upon arrival at their destination, according to Tesla. The company said Model S and X made up 18,672 of its quarterly deliveries, while the Model 3 and Y accounted for 325,158.

Read all the Latest Auto News and Breaking News here

first published:October 03, 2022, 12:40 IST
last updated:October 04, 2022, 11:14 IST