According to Electric Cars Report, the company’s sales were a 42 percent increase from the 241,391 vehicles sold in the same quarter last year. The carmaker builds a record of 365,923 EVs during the period. That makes a nearly 54 percent increase in year-over-year production, as the company manufactured 237,823 vehicles in the third quarter of 2021. The production was up by 41.5 percent from the second quarter of 2022 as the automaker built 258,580 vehicles.
“As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks,” Tesla said in a statement. “In Q3, we began transitioning to a more even regional mix of vehicle builds each week, which led to an increase in cars in transit at the end of the quarter. These cars have been ordered and will be delivered to customers upon arrival at their destination.”
TechCrunch said that Tesla would try to evolve beyond its legendary end-of-the-quarter pushes. CEO Elon Musk tweeted that it is trying for a steadier approach.
“Customer experience suffers when there is an end of quarter rush. Steady as she goes is the right move,” he tweeted.
Tesla will post its financial results for the third quarter of 2022 after market close on Wednesday, October 19, 2022.