Tesla (TSLA) vehicle deliveries dropped in Q3 2023 compared to the previous quarter but grew year-over-year

-

-Advertisement-

Tesla, Inc. (TSLA) released its Q3 2023 vehicle production and delivery numbers yesterday through a press release on its investor relations website and email newsletter.

Tesla produced significantly less number of cars in Q3 vs. the previous quarter Q2. The launch of the new design-refreshed Model 3 Highland and the Giga Texas shutdown mainly contributed to the lower production and delivery numbers this quarter.

Tesla produced a total of 430,488 cars in Q3 2023 and delivered 435,059 vehicles. The additional 4,571 vehicles came from the excess inventory from the Q2 2023 production.

Tesla Model Y Accessories by EVANNEX (Sponsored Banner).
– Sponsored –

Despite delivering a lower number of vehicles compared to Q2 (435,059 vs. 466,140), Tesla still managed to sell more cars than it was able to produce — suggesting the demand for its electric vehicles has not deflated.

 ProductionDeliveriesSubject to operating lease accounting
Model S/X13,68815,9858%
Model 3/Y416,800419,0744%
Total430,488435,0594%
Tesla (TSLA) Q3 2023 vehicle production and delivery numbers.
– Advertisement –

Compared to Q2, Tesla vehicle deliveries dropped by about 6.6%. And if we compare the numbers to the Q3 2022 figures, Tesla has achieved a massive 26.5% growth in deliveries year-over-year (YoY). So, despite lower delivery numbers compared to the previous quarter, Q3 2023 is still a record 3rd quarter in the company’s history.

Besides the production and delivery numbers, Tesla also announced the Q3 Earnings Call as well. Tesla will conduct the Q3 Earnings Call on Wednesday, 18th October 2023 at 4:30 p.m. Central Time / 5:30 p.m. Eastern Time.

A live audio webcast will be live-streamed on the Tesla investor relations (IR) website. Tesla will also release its Q3 2023 financial update before the earnings call.

Tesla published the following announcement for the Earnings Call:

Tesla will post its financial results for the third quarter of 2023 after market close on Wednesday, October 18, 2023. At that time, Tesla will issue a brief advisory containing a link to the Q3 2023 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.

Tesla (TSLA) IR
A Tesla Semi truck with a car carrier trailer loaded with Model Y, Model 3, Model S, and a Cybertruck.
A Tesla Semi truck with a car carrier trailer loaded with Model Y, Model 3, Model S, and a Cybertruck. Credit: Courtesy of Tesla, Inc.
– Advertisement –

Related

Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Author of more than 1500 articles on Tesla, SpaceX, and EVs. His work has been liked and tweeted by Elon Musk and other prominent influencers. You can reach him on Twitter @IqtidarAlii

Latest News

Tesla’s AI4 Model S, 3, X, and Y get the new FSD v13.2.6 OTA update (Release Notes)

Tesla (TSLA) has started the wide rollout of FSD v13.2.6. After the update was pushed to the Cybertrucks, HW4/AI4-based...

Tesla pushes Cybertruck FSD v13.2.6 with new improvements and teases upcoming ones (Release Notes)

Tesla (TSLA) started rolling out the newest version of its FSD (Supervised) v13.2.6 to the Cybertruck fleet in the...

Tesla sold out Model Y Juniper Launch Series White interior, does not offer Glacier Blue in North America

It's merely been a week since Tesla (TSLA) launched the new 2025 Model Y Juniper in the US and...

Tesla Model Y Juniper’s reflective taillight strip is the first one that glows on the road (video)

Tesla has released a new video of the 2025 Tesla Model Y Juniper showcasing the glow function of its...
- Advertisement -

Flight 7 Starship looked like galactic stardust after the RUD (sighting videos) — SpaceX explains the reason

SpaceX lost the upper stage Ship 33 after stage separation as it detached itself from the booster. The private...

Elon Musk shares amazing footage of Flight 7 booster’s landing catch

For the 2nd time in history, a spaceflight company has caught a ~250 ton rocket booster on its way...

Starship Flight 7 live updates, watch the live stream here [Successful booster catch]

Finally, the day has arrived. SpaceX is conducting Flight 7 Starship 7 at Starbase Texas. You can watch the...

Tesla Tips & Tricks

Here’s how to access the Cybertruck tow hitch — watch it haul a 3,000lbs Brawley EV

Tesla Cybertruck has a rated towing capacity of 11,000...

Tesla owner melts snow off of his car using Defrost Mode in the extreme cold weather (video)

The actual test of an electric vehicle is conducted...

Tesla Quarterly Reports & Eearnings

Tesla’s automotive revenues slide a little in 2024 but energy business grows immensely — Q4 report

Tesla (TSLA) released its Q4 and full-year 2024 financial...

Tesla (TSLA) announces the date and time of the Q4 2024 Earnings Call

Yesterday, we published a comprehensive report of Tesla's Q4...
- Advertisement -

You might also likeRELATED
Recommended for You