(Reuters) – Tesla Inc delivered fewer-than-expected vehicles in its third quarter, fueling doubts about the company’s ability to turn a profit.
Deliveries of all models rose 1.9% from the second quarter to 97,000 vehicles, including 79,600 Model 3 sedans and 17,400 Model S/X SUVs, below estimates of 97,477 vehicles.
Last quarter, Chief Executive Officer Elon Musk made good on his promise of delivering a record number of electric cars, in a triumphant response to months of questions about demand for its luxury electric cars.
Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D’Silva
Credit: Source link