Tesla in A press release It says that it was able to produce 430,488 cars in the third quarter of 2023. In the last quarter, Tesla’s production volume was 10% lower than the second quarter; But compared to the third quarter of 2022, it increased by nearly 25%.
Tesla attributes the seasonal drop in production volume to the temporary shutdown of some of its factories. This company closed its factories in order to improve the production line.
Elon Musk, CEO of Tesla, says that the summer vacation was necessary so that the company could build new models of its cars, such as the Tesla Model 3 and the Tesla Model Y. The new models of these two cars were recently unveiled for the Chinese market.
Tesla says it managed to deliver 435,059 vehicles to its customers in the third quarter of 2023, which represents a 6.6% drop compared to the second quarter of 2023 and a significant growth of 26.5% compared to the third quarter of 2022.
Wall Street analysts expected Tesla to produce and deliver more cars to customers in the third quarter of this year. Tesla’s weaker-than-expected performance has caused the company’s stock to fall in recent hours.
Tesla hopes to produce a total of 1.8 million vehicles by 2023. The company has produced 1.35 million cars since the beginning of 2023 and can probably achieve its goal in the final season of this year.
Tesla plans to release its third-quarter financial report in about three weeks. One of the important issues in Tesla’s new financial conference will be Cybertruck. Tesla was supposed to start the supply of Cybertruck in the third season; But he did not fulfill his purpose.
Car Prices Tesla has fallen in recent months to attract more people to buy the company’s products. The drop in the price of Tesla cars can be seen especially in the Chinese market; Where this company is struggling with fierce competition.