StockSelector.com
  Research, Select, & Monitor Sunday, October 20, 2019 4:22:27 AM ET  
Trade Ideas The Market Industries Stocks Portfolio

 
Ticker Lookup
Tesla, Inc.$256.95($5.02)(1.92%)

  Quote | Ranking | Chart | Valuations | Sentiment | Industry | News | Earnings | Analysts | More...

Your Target?

 Tesla Q3 2019 Vehicle Production & Deliveries
   Wednesday, October 02, 2019 4:31:00 PM ET

PALO ALTO, Calif., Oct. 02, 2019 (GLOBE NEWSWIRE) -- In the third quarter, we achieved record production of 96,155 vehicles and record deliveries of approximately 97,000 vehicles.

 ProductionDeliveriesSubject to lease accounting
Model S/X16,31817,40015%
Model 379,83779,6008%
Total96,15597,000 

In addition, we achieved record net orders in Q3 and are entering Q4 with an increase in our order backlog. As was also the case in Q2, nearly all of our Model 3 orders were received from customers who did not previously hold a reservation, solidifying the transition to generating strong organic demand. We are continuing to focus on increasing production to meet that demand.

Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

press@tesla.com 

Tesla Wordmark Red.png

Source: Tesla, Inc.


Register |  Password |  Feedback |  Copyright |  Usage Agreement |  Privacy Policy |  Advertising |  About Us |  Contact Us |  FAQ 

Past performance is not indicative of future results

StockSelector.com, the StockSelector.com logo, and News Selects are trademarks of StockSelector.com.
Copyright © 1998 - 2019 StockSelector.com. All rights reserved.