Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories to roll out a newer version of the Model 3 mass-market sedan forced production halts.
  • 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.
  • eltrain123@lemmy.worldEnglish
    0·
    1 year ago

    They were. That’s why you can look at the tsla stock price trend and it isn’t falling, despite the claim of the article’s title.

    • PeachMan@lemmy.worldEnglish
      0·
      1 year ago

      Yeah it seems like it just took a little dip today and went back up, it’s higher now than it’s been most of the past week. Articles like this are dumb lol, stock prices are so random and volatile.