Tesla confirms official record Q3 production number of 80,142 vehicles
In a recent press release, US electric vehicle maker Tesla Motors has officially confirmed that it has hit a new record production number in the 2018 third quarter. The news resulted in an increase of 2 points for the TSLA stock.
According to the production numbers disclosed by Tesla, the company produced a total number of 80,142 vehicles in the third quarter of 2018. The latest production figures underscore a 50% increase over the automaker’s previous all-time high production numbers achieved in 2018 second quarter.
In its breakdown of the record-high third-quarter production number of 80,142 vehicles, Tesla has revealed that it produced a total of 53,239 units of the Model 3 during the quarter, and a combined total of 26,903 units of the Model S and Model X.
Drawing attention to the Model 3 production ramp up in the third quarter, Tesla said in its press release: “In the last week of the quarter, we produced over 5,300 Model 3 vehicles.... meaning that we achieved a production rate of more than 10,000 drive units per week.”
Tesla has also revealed that its 2018 third-quarter deliveries, however, fell short of its expectation of ~85,000 deliveries. As per the figures shared by the automaker, its third-quarter deliveries stood at 83,500 vehicles; with the deliveries of Model 3, Model S and Model X respectively being 55,840 units, 14,470 units and 13,190 units.
In a recently released video, Electra Meccanica has teased a new all-electric roadster -- the eRoadster -- which will be based on the Porsche 356.
According to a recent confirmation by German automaker BMW, the company’s new forthcoming all-electric iX3 SUV, which was unveiled earlier in 2018, will be a China-manufactured vehicle that will be exported to other markets.
In an April 19 blog post on Medium, ride-hailing company Lyft has announced that it plans to make its worldwide operation “carbon neutral” by purchasing enough carbon credits.
While we obviously know the general shape of the upcoming Karma Revero - it's based on the old Fisker Karma, after all – the exact details of the Revero are still a bit under wraps.
In a notable move which can potentially accelerate the transformation of the global transportation industry, China is testing an ‘intelligent highway’ built by Qilu Transportation Development Group Co.
In a move which underscores the scaling back of Indian government’s efforts to switch to electric vehicles, the country’s 2030 target for electric vehicles has been revised downward from 100% to 30% by the government led by Prime Minister Narendra