Tesla delivered 83,500 vehicles in the third quarter, more than expected
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Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#2“53,239 Model 3 vehicles, which was in line with our guidance and almost double the volume of Q2.”
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#3- accelerating China factory due to tariffs of about 40% into China, they don't indicate what accelerating actually means
Numbers:
- Q3 production 53,239, - Bloomberg’s estimate: 53,457
- North American deliveries of 55,840 rank the Model 3 among the 10 best-selling sedans in the region--and the only one that's electric
- pretty good news in the face of what other car companies are doing
- GM sales are expected to fall 14%, after falling 13% in August.
- Analyst estimates for Ford (-9%), Toyota (-6.5%), Honda (-4.1%)
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#4Impressive, but they are going to need to dramatically increase that number to if they wish to compete when the big car companies wake up.
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#5- accelerating China factory due to tariffs of about 40% into China, they don't indicate what accelerating actually means Numbers: - Q3 production 53,239, - Bloomberg’s estimate: 53,457 - North American deliveries of 55,840 rank the Model 3 among the 10 best-selling sedans in the region--and the only one that's electric - pretty good news in the face of what other car companies are doing - GM sales are expected to fa…
Pretty disingenuous posting other car companies.
Their performance has nothing to do with Tesla what so ever and everything to do with the trend in the market towards SUVs and crossovers which Ford, GM etc are highly exposed to.
https://www.bloomberg.com/news/articles/2018-07-05/sick-of-s...
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#6- accelerating China factory due to tariffs of about 40% into China, they don't indicate what accelerating actually means Numbers: - Q3 production 53,239, - Bloomberg’s estimate: 53,457 - North American deliveries of 55,840 rank the Model 3 among the 10 best-selling sedans in the region--and the only one that's electric - pretty good news in the face of what other car companies are doing - GM sales are expected to fa…
Pretty disingenuous posting other car companies. Their performance has nothing to do with Tesla what so ever and everything to do with the trend in the market towards SUVs and crossovers which Ford, GM etc are highly exposed to. https://www.bloomberg.com/news/articles/2018-07-05/sick-of-s...
It seems fair to compare an automaker to another automaker. Declining sales among your competitors is a strong indicator of a difficult environment to sell into.
Unless you're saying the cited sales are sedans only, in which case I get your point.
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#7“53,239 Model 3 vehicles, which was in line with our guidance and almost double the volume of Q2.”
The 13 weeks by 5,000 per week making 65,000 still seemingly stand:
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#8Impressive, but they are going to need to dramatically increase that number to if they wish to compete when the big car companies wake up.
Sure it benefits Tesla to produce more cars to compete with the big auto companies. But I do not believe that suddenly any of them will be able crank out a cost competitive electric car with the same range in any large quantity.
Sure your existing car companies are better right now at physically building the conventional parts of a car, but the most expensive part of an electric car is the batteries. Tesla's partnership with Panasonic (Gigafactory) is their true advantage over all the other manufacturers, since they have a reliable source for large quantities of batteries. The rest of car companies are fighting for supply from LG Chem.
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#9Isn't "in line with our guidance" the key phrase here? How often does Tesla get to say that?
Re: Tesla delivered 83,500 vehicles in the third quarter, more than expected
#10Earlier quoted context omitted.
Pretty disingenuous posting other car companies. Their performance has nothing to do with Tesla what so ever and everything to do with the trend in the market towards SUVs and crossovers which Ford, GM etc are highly exposed to. https://www.bloomberg.com/news/articles/2018-07-05/sick-of-s...
It seems fair to compare an automaker to another automaker. Declining sales among your competitors is a strong indicator of a difficult environment to sell into. Unless you're saying the cited sales are sedans only, in which case I get your point.
Not really fair, I can walk into a dealer and buy any car from one of those other brands. The Tesla numbers are 1-2 years of built up demand being built/delivered in one quarter. These numbers will definitely not continue.