
Tesla, Inc. (NASDAQ:TSLA) announced that third-quarter deliveries rose to a record level after the previous quarter’s production-induced setback.
What Happened: Tesla said it sold 343,830 cars in the third quarter, the company said in a statement on Sunday. This represented a nearly 35% increase from the 254,695 units sold in the second quarter, which suffered from production disruptions due to the COVID resurgence in China. On a year-over-year basis, deliveries improved about 42.5% from the 241,300 units sold in the third quarter of 2021.