Tesla shipped a record number of more electric cars than analysts expected in the third quarter, but its stock price still fell significantly in the wave of stock market sales triggered by the news of the U.S. president’s illness. The U.S. automaker said in a prospectus released on its website on Friday that it handed over 139,300 cars, the majority of which, 124,100 units, were Model 3 and Y models. 15,200 Model S and Model X cars were delivered in the third quarter.
Analysts expected fewer, about 134,720 vehicles to be delivered. In the case of the Model 3 and Y types, which are intended to be “mass-produced”, analysts expected a stronger figure of 128,000.
In July-September, Tesla produced 145,036 cars, of which 128,044 were Model 3 / Ys and the number of Model S / X cars kicked in at 16,992.
Tesla produced 96,115 cars and shipped 97,000 in the third quarter of last year, while it produced 82,272 vehicles and delivered 90,650 in the second quarter of this year. In the first nine months of this year, Tesla delivered about 318,000 cars to its customers, which means it would have to deliver nearly 182,000 vehicles in the fourth quarter to meet this year’s ambitious target of half a million.
Nesdaq-listed Tesla was down 6.20 percent at $ 420.37 two hours before closing on Friday, still more than 800 percent higher than a year earlier. Tesla will publish its third quarterly flash report in the second half of October. If it made a profit again, the company could be profitable for the fifth consecutive quarter. In the three months to the end of June, Tesla’s after-tax profit was $ 104 million after a loss of $ 408 million a year earlier.