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Tesla overcame snarled global supply chains to deliver a record number of vehicles in the third quarter.
The Silicon Valley electric-vehicle maker delivered 241,300 vehicles to customers in the three months ending in September, it said Saturday, up from 139,593 vehicles during the same period last year. Analysts surveyed by FactSet forecast Tesla would deliver roughly 227,000 vehicles in the quarter.
The result positions Tesla
TSLA,
to easily achieve its full-year goal of increasing deliveries by more than 50% over last year’s total of nearly half a million vehicles. The company has put a total of roughly 627,000 vehicles in customer hands through the first nine months of the year.
That growth comes despite supply-chain disruptions that have constrained vehicle production across the global auto industry, leaving buyers with fewer options and denting sales.
The continuing semiconductor shortage is likely to cost the global auto industry $210 million in lost revenues this year, consulting firm AlixPartners LLP said. In the U.S., the pace of auto sales was expected to fall in September to an annualized rate of 12.4 million vehicles, the lowest rate since May 2020, according to Wards Intelligence.
Tesla delivered a combined 232,025 Model 3 sedans and Model Y compact sport-utility vehicles in the third quarter, up from 124,318 of those models a year earlier. It was the first full quarter since Tesla introduced an upgraded version of its Model S luxury sedan, dubbed the Plaid.
The company handed over 9,275 of its higher-end models: Model S sedans and Model X sport-utility vehicles. Tesla delivered a total of 15,275 Model S and Model X vehicles during last year’s third quarter.
