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Wednesday, 29 September 2021 20:25

Tesla Set for ‘Massive Trajectory’ for Q3 Deliveries Fueled by September Demand

Written by Joey Klender, Teslarati

Index

...80,000 to 90,000 vehicles for the first two months of the quarter. Overall, Ives said the chip shortage may have decreased the overall production and delivery number by around 40,000 units.

 

Tesla’s decision to export vehicles from Shanghai to Europe earlier in September to begin sales of the Model Y crossover on the continent could have also affected the automaker’s overall outlook for Q3. Ives believes the intense and complicated logistical process may have thrown a few wrenches into Tesla’s overall growth.

 

Even still, as Tesla navigated through the chip shortage and handled a new logistical process with relative ease, Ives is convinced Tesla will still report its biggest quarter when Q3 wraps up Sept. 30.

 

Analysts at other financial firms have already listed their estimates for Tesla’s third quarter. Many analysts have expectations for around 230,000 vehicles, including Alex Potter of Piper Sandler and Credit Suisse analyst Dan Levy. The analysts estimated 233,000 and between 225,000 and 230,000 deliveries for Q3, respectively.

 

We thank Teslarati for reprint permission.

 

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