Electric car maker Tesla delivered a record 343,830 vehicles in the third quarter after a weak second quarter performance especially in China due to the COVID lockdown. The company said it produced over 365,000 vehicles and delivered over 343,000 vehicles.
The Elon Musk-run company said in a statement late Sunday, “Our delivery volume has been increasing at the end of each quarter historically due to regional batch manufacturing of cars. As our production volumes continue to grow, It is becoming increasingly challenging to secure vehicle transport capacity and at a reasonable cost during these peak logistics weeks.”
It added that “in the third quarter, we began transitioning to a more regional mix of vehicle manufacturing each week, which led to an increase in transit in cars at the end of the quarter.”
According to Tesla, the cars have been ordered and will be delivered to customers upon arrival at their destination.
The company said the Model S and X made 18,672 of its quarterly deliveries, while the Model 3 and Y accounted for 325,158.