Tesla reported Sunday it delivered 343,830 vehicles in the third quarter, a new record and a turnaround from earlier this year when a shutdown at its China factory and challenges around opening factories in Berlin and Austin affected how many vehicles it was able to get into customers’ driveways.
Despite the rebound and record number, the third-quarter delivery figure still didn’t meet Wall Street forecasts, which ranged between 358,000 and 371,000 vehicles, depending on the polled group. There was also a larger-than-usual gap between production and delivery numbers. The company produced 365,923 vehicles in the third quarter.
Image Credits: TeslaTesla blamed the miss on a lack of capacity on the logistics network it relies on to ship vehicles to customers.
“As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a …
