Tesla Third Quarter Deliveries Miss All Targets and Goals

Breitbart | 10/3/2019 | Staff
Click For Photo: https://media.breitbart.com/media/2018/08/AP_101027052253.jpg

Elon Musk’s Tesla revealed its third-quarter delivery numbers this week, disappointing analysts and failing to meet CEO Elon Musk’s goals.

Fortune reports that it delivered 97,000 vehicles in its third-quarter which ended on September 30. The firm fell short of the 100,000 vehicle deliveries that Tesla CEO Elon Musk mentioned in an email to employees in September. If Tesla had hit 100,000 vehicles delivered it would have been the first time the firm had reached that threshold in a single quarter which Musk stated would be “an incredibly exciting milestone for our company.”

Numbers - Tesla - Delivery - Figures - Quarter

The third-quarter numbers exceeded Tesla’s delivery figures of 95,200 in the second quarter and is above last year’s third-quarter figures of 83,500. Although the third-quarter figures show growth for Tesla, the company is now on pace to fall well short of Musk’s full-year production goals. Many feel that they show that once again CEO Elon Musk has...
(Excerpt) Read more at: Breitbart
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!