Tesla Hits Record High Of 140,000 Q3 Vehicle Deliveries

Tesla Hits Record High Of 140,000 Q3 Vehicle Deliveries

Tesla  (TSLA) – Get Report published a stronger-than-expected third-quarter delivery total Friday, but still looks set to fall short of its 500,000 full year target.

Tesla said deliveries for the three months ending in September were pegged at record 139,300, just ahead of the Street consensus, as production increased to 145,000 vehicles. The third quarter total compares to a 90,650 tally for the three months ending in June. That  still leaves Tesla needing to shift 166,000 cars — another record — over the final three months of the year to meet its 2020 estimate of 500,000.

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