October 3, 2020 | technology | No Comments
As expected, Tesla (NASDAQ:TSLA) reported a record number of vehicle deliveries in its third quarter. The total number of deliveries, however, was even greater than analysts’ average forecast. Fueling the quarter’s growth was a huge increase in combined Model 3 and Model Y vehicles.
Based on those figures, the electric-car maker may now be on track to hit its original aggressive target of 500,000 total deliveries in 2020.
Tesla’s Q3 deliveries: the raw numbers
Tesla delivered approximately 139,300 vehicles in its third quarter, up 43% from the 97,000 or so it delivered in the prior-year period.
About 124,100 of those were Model 3 and Model Y vehicles, while an estimated 15,200 were the automaker’s more expensive Model S and X vehicles. In Q3 2019, the Model Y hadn’t launched yet, and total Model 3 deliveries were nearly 80,000. Combined Model S and X deliveries were