Tesla Q3 Deliveries: Record Vehicle Numbers Revealed

Tesla Achieves Record EV Deliveries in Q3

Tesla reported a landmark achievement in the third quarter, delivering 241,300 electric vehicles. This figure significantly exceeded projections, particularly as several other American automotive manufacturers saw sales decline due to the ongoing global chip shortage.

Dominance of Model 3 and Model Y

According to the company’s report released on Saturday, the overwhelming majority – approximately 96% – of Tesla’s deliveries consisted of its Model 3 sedan and Model Y crossover. A total of 9,275 vehicles delivered were the Model X and Model S.

Deliveries experienced a 20% increase compared to the second quarter and a substantial 73% growth when contrasted with the same timeframe last year.

Production Reaches New Heights

Tesla’s production figures also demonstrated considerable expansion. The company manufactured 237,823 electric vehicles during the third quarter, establishing another company record.

Elon Musk's Acknowledgment

Elon Musk, Tesla’s CEO, publicly commended the company and its workforce via Twitter for successfully reaching both delivery and production targets.

In a subsequent tweet, Musk expressed gratitude to the company’s suppliers and logistics partners for their efforts in overcoming significant challenges.

Sales Trends Among Legacy Automakers

While Tesla surpassed expectations, other established automotive companies reported a decrease in U.S. sales. It’s important to note that Tesla’s sales figures are global, and the company does not disclose regional breakdowns.

GM Experiences Significant Sales Decline

General Motors (GM) was particularly affected. The company announced on Friday that it sold 446,997 vehicles in the U.S., representing a 33% reduction in new vehicle sales compared to the same quarter of the previous year.

GM was forced to temporarily suspend operations at several plants this summer because of the worldwide scarcity of semiconductor chips and battery packs for its Chevrolet Bolt EV and EUV vehicles. These facilities have since resumed production.

GM Maintains Earnings Outlook

Despite the decline in U.S. sales, GM affirmed its full-year adjusted earnings forecast, projecting between $11.5 billion and $13.5 billion. The company stated it “continues to develop solutions to mitigate the impacts of the semiconductor shortage and Chevrolet Bolt EV recall.”