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Tesla produced fewer cars than in the previous quarter and revealed the reasons behind it

Tesla recently announced in a concise press release that they produced over 430,000 vehicles and delivered over 435,000 vehicles in the third quarter. This news, as reported by insideevs.com, reveals a temporary decrease in production by nearly 50,000 vehicles compared to the previous quarter. Deliveries were also lower by approximately 30,000 vehicles compared to the second quarter of this year, partially offset by sales from existing inventory.

The company attributed the gradual decline in production volume to planned factory shutdowns for upgrades. Despite this, Tesla maintains its goal to deliver approximately 1.8 million vehicles in 2023. The third quarter of 2023 marked a rare instance where Tesla did not break any records. However, the outlook for the fourth quarter is positive, with expectations that the upgraded production facilities will help increase output.

According to Electrek.co, Tesla has delivered a total of 1,324,074 vehicles worldwide in the first three quarters of this year. This means they need to deliver around 476,000 vehicles in the fourth quarter to meet their targets. The table below, released by the automaker, shows the production and delivery numbers for specific vehicle models, categorizing them into Model S/X and Model 3/Y.

– Model S/X: Production – 13,688, Deliveries – 15,985
– Model 3/Y: Production – 416,800, Deliveries – 419,074
– Total: Production – 430,488, Deliveries – 435,059

It is worth noting that Tesla will release the complete financial results for the third quarter of 2023 on Wednesday, October 18, 2023.

In conclusion, despite the temporary decrease in production and deliveries in the third quarter, Tesla remains focused on achieving its annual targets. The upcoming quarter holds promise for increased production with the modernization of manufacturing facilities. Stay tuned for more updates on Tesla’s performance in the electric vehicle market.

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