Jump to content

Recommended Posts

PALO ALTO, Calif., Oct. 02, 2019 (GLOBE NEWSWIRE) -- In the third quarter, we
achieved record production of 96,155 vehicles and record deliveries of
approximately 97,000 vehicles.

          Production Deliveries Subject to lease accounting
Model S/X  16,318     17,400     15             %
Model 3    79,837     79,600     8              %
Total      96,155     97,000      

In addition, we achieved record net orders in Q3 and are entering Q4 with an
increase in our order backlog. As was also the case in Q2, nearly all of our
Model 3 orders were received from customers who did not previously hold a
reservation, solidifying the transition to generating strong organic
demand. We are continuing to focus on increasing production to meet that
demand.

Our net income and cash flow results will be announced along with the rest of
our financial performance when we announce Q3 earnings. Our delivery count
should be viewed as slightly conservative, as we only count a car as delivered
if it is transferred to the customer and all paperwork is correct. Final
numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent
only one measure of the company’s financial performance and should not be
relied on as an indicator of quarterly financial results, which depend on a
variety of factors, including the cost of sales, foreign exchange movements
and mix of directly leased vehicles.

Share this post


Link to post
Share on other sites
4 minutes ago, ccap41 said:

What are S and X combined? 

I don't know... combining usually hides things.  I bet the Y is combined with the 3 when it comes out. 

Share this post


Link to post
Share on other sites
15 minutes ago, ccap41 said:

Are those pairs on the same "skateboard" ? 

I think so..same wheelbase..probably the same dirty bits, different 'top hat'...  odd to group them, though.  

Share this post


Link to post
Share on other sites
23 minutes ago, ccap41 said:

Are those pairs on the same "skateboard" ? 

yes. The X and S are related and the 3 and Y are related. 

Given the current state of the market, I don't know why they didn't come out with the Y first and then the 3. They probably would have sold more of them. 

  • Thanks 1
  • Upvote 1

Share this post


Link to post
Share on other sites

Stock taking a hit.

Share this post


Link to post
Share on other sites
On 10/4/2019 at 10:40 AM, balthazar said:

Stock is WILDLY overvalued and overdue for a ‘recession’.

This.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...