Tesla (TSLA) Reports Q3 Deliveries of 24,500, Above Most Views

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Tesla Q3 2016 Production and Deliveries

October 2, 2016 2:15 PM EDT

PALO ALTO, CA -- (Marketwired) -- 10/02/16 -- Tesla (NASDAQ: TSLA) delivered approximately 24,500 vehicles in Q3, of which 15,800 were Model S and 8,700 were Model X. This was an increase of just over 70% from last quarter's deliveries of 14,402. Our Q3 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.

In addition to Q3 deliveries,... More