Tuesday, October 16, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Micron Releases the P1 NVMe QLC Solid State Drive
Samsung Expands Exynos and ISOCELL Brands to Include Automotive-Grade Solutions
Facebook Bans Misinformation on Voting Methods on Its Sites
Microsoft co-founder Paul Allen dies at 65
New Cyber-shot HX99 Is Possibly the World's Smallest Travel High Zoom Camera
New Palm Phone Is About the Size of a Credit Card
HP Arms ZBooks with Intel Core i9 Processors
Dell Expands UltraSharp Monitor Family With New UltraSharp 49-inch Dual QHD Monitor
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Tesla M...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, October 02, 2018
Tesla Met Q3 Production Targets for Model 3


Tesla produced 53,239 Model 3 sedans in the third quarter and delivered 55,840, the company announced Tuesday, meeting its goal of producing between 50,000 and 55,000 Model 3s in the quarter.

The company delivered 83,500 vehicles in Q3, which the company said is 80% more than what they delivered during all of 2017.

Tesla's Q3 deliveries were as follows: 55,840 Model 3, 14,470 Model S, and 13,190 Model X. To put this in perspective, in just Q3, Tesla delivered more than 80% of the vehicles that the company delivered in all of 2017, and also delivered about twice as many Model 3s as they did in all previous quarters combined.

Tesla said that the Q3 Model 3 deliveries were limited to higher-priced variants, cash/loan transactions, and North American customers only. There remain significant opportunities to grow the addressable market for Model 3 by introducing leasing, standard battery and other lower-priced variants of the car, and by starting international deliveries.

This follows CEO Elon Musk's "go-private tweet," that resulted in an SEC settlement under which Musk was forced to pay a $20 million penalty and step down as chairman of the company.

In Q3, Tesla said it was able to increase Model S and X deliveries notwithstanding the headwinds facing from the ongoing trade tensions between the US and China. Those trade tensions have resulted in an import tariff rate of 40% on Tesla vehicles versus 15% for other imported cars in China.


Previous
Next
Facebook Adds New Tools to Protect People from Bullying and Harassment        All News        Amazon Raises Minimum Wage to $15
Facebook Adds New Tools to Protect People from Bullying and Harassment     General Computing News      Amazon Raises Minimum Wage to $15

Get RSS feed Easy Print E-Mail this Message

Related News
Tesla's Software Version 9.0 Released, New AutoPilot Features Are Missing
Elon Musk Reaches Settlement With SEC, Resigns as Chairman
SEC Sues Elon Musk Over Misleading Investors
U.S. Justice Department Probes Elon Musk Over Statement on Taking Tesla Private
New NVIDIA Tesla T4 GPU and New TensorRT Software Enable Intelligent Voice, Video, Image and Recommendation Services
Tesla Announces Executive Promotions
Elon Musk Smoked Marijuana on Live Podcast
Tesla to Remain a Public Company
Elon Musk Will Take Tesla Private
Tesla's Elon Musk Accuses Worker of Sabotage
Tesla's Full-fledged Autopilot System Coming in August
Tesla Car Crashes on Parked California Police Vehicle

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .