Tesla has just released its Q3 sales and production numbers, providing an update on the company’s performance. According to the data, Tesla produced over 430,000 vehicles and delivered over 435,000 vehicles in the third quarter. The slight decline in volumes compared to previous quarters was due to planned factory upgrades. However, Tesla maintains its 2023 volume target of around 1.8 million vehicles.
These figures closely align with the estimates of Troy Teslike, who is known for his accurate tracking of Tesla’s production and delivery numbers. His estimate was only off by about 6,000 deliveries and 1,500 units of production, demonstrating his expertise in this field.
Eagerly Awaiting the Q3 Numbers
The investment world eagerly awaited Tesla’s Q3 sales and production figures, many were curious to see how the company performed during this period. Leading analyst Troy Teslike has been closely following Tesla’s progress and has become a trusted source for accurate estimates.
Estimates vs. Reality
Teslike’s latest estimate for Q3 deliveries was 441,000 vehicles, which was lower than the Wall Street consensus of 454,809 deliveries. Additionally, his production estimate was 428,519 vehicles. Although Teslike’s estimates were slightly lower than the actual figures, his track record of accuracy remains impressive.
An Unprecedented Approach
Teslike’s estimates are based on a comprehensive range of data sources, including DMV VIN data, sales data from various organizations, order tracking spreadsheets, and statements from Tesla. This holistic approach allows him to provide detailed and reliable estimates for Tesla’s production and delivery numbers.
Breaking Down the Estimates
When examining the specific estimates for different vehicle models, Teslike predicts a decline in Model 3 sales globally, with a significant drop in China due to factory retooling. However, he expects an increase in Model Y deliveries, both in China and other international markets.
Final Thoughts
With Tesla’s Q3 sales and production numbers now available, the estimates provided by Troy Teslike offer valuable insights into the company’s performance. While his estimates may not have been spot on, they demonstrate his expertise and provide a glimpse into Tesla’s growth trajectory.
