Tech

Tesla reports record delivery figures, investors are still disappointed

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In the third quarter of the year, Tesla produced a good 96,000 e-cars and delivered about 97,000 to customers. That's what the company announced Wednesday after the market closes. Thereafter, the Tesla share in after-hours trading has become cheaper by four percent. Because the investors are disappointed.

Although Tesla was able to slightly exceed its own record from the previous quarter, but was missed by the company's CEO Elon Musk in an internal circular target of 100,000 deliveries. The average expected by financial analysts of 99,000 was just barely reached.

In addition, the automaker has to increase its sales in the current quarter by more than eight percent in order to reach the officially set target of Musk of 360,000 to 400,000 deliveries in the full 2019 year. Tesla's factory in China is scheduled to start production before the end of the year. If that succeeds, and a logistics chain for deliveries is ready, the lower limit of the target should be reached.

About 80,000 of the new Tesla's in the third quarter were cheaper Model 3, the remainder accounted for the high-priced Model S and X. Thus, the average selling price is well below the level of the previous year. The company expects to announce its third quarter financial results in mid-November. From the sales figures can not be concluded whether Tesla has made further losses or made it into the profit zone.

The third quarter should also have set a new record for net orders, so that Tesla tackles the fourth quarter with the longest order list so far. Concrete figures betrays the manufacturer, however, no.


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. (tagsToTranslate) Electric Car (t) Finance (t) Tesla Motors

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