FLASH: Tesla Q3 production dips by 7% month on month

In Q3 2023, Tesla produced 430,500 vehicles,a year-on-year increase of 18% and a month-on-month decline of 10%. The delivery volume was 435,100 units, increased by 27% on year but dipped by 7% on month. At the same time, the global production decreased by 49,000 units on month, with the Q3 production of the Shanghai factory decreasing by about 15,000 units on month, due to the upgrade of the M3 production line.

Edited by Cassie Li, lixiangying@mysteel.com