this post was submitted on 02 Oct 2023
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Technology

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261
Tesla misses estimates for quarterly deliveries; shares fall (www.reuters.com)
submitted 1 year ago by Bobble9211@sh.itjust.works to c/technology@lemmy.world
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  • Tesla reported a decrease in total deliveries for the third quarter of 2023 compared to the previous quarter, delivering 435,059 vehicles.
  • Despite the decline in deliveries, Tesla achieved a production of 430,488 vehicles, highlighting its manufacturing capabilities.
  • The decrease in deliveries and production was anticipated due to summer shutdowns for factory upgrades and price reductions on inventory vehicles and existing models.
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