Musk set expectations high again this quarter, telling employees in a recent email that the company 'has a shot' at delivering 100,000 cars, which would set a new record.
Analysts expected Tesla to deliver 99,000 vehicles during the third quarter, including 80,200 Model 3s, according to data compiled by FactSet. During the second quarter, Tesla deliveredto expect deliveries this year to fall between 360,000 to 400,000 vehicles, a 45% to 65% increase from 2018.
This year, Tesla began sales and deliveries to customers in further reaches than ever before. It now sells electric vehicles in China, Australia, Taiwan, the UK, and several markets through Eastern Europe, including in Poland and Hungary. Tesla ships its cars from the U.S. to major markets, most notably China, where authorities exempted its electric cars from a 10% purchase tax at the end of August. Equity research firm JL Warren Capital expected orders in China to spike after that, in September, but cautioned shareholders that it would take time for those orders to translate into completed deliveries.
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