Tesla anticipates a small increase in vehicle deliveries in 2024.

Tesla reported better-than-expected Q3 earnings, but did not provide a specific number for vehicle deliveries guidance. The company expects slight growth in deliveries for this year and delivered 1.81 million vehicles in 2023. Tesla teased new products under its next generation vehicle platform, anticipating growth in 2024. In Q3, Tesla delivered 462,890 vehicles, totaling 1.29 million for the year. The company also produced 469,796 vehicles including Model 3/Y and others. Tesla is focused on reducing manufacturing costs and expanding profits in AI, software, and fleet. Q3 EPS was $0.72, higher than the analyst estimate, with revenue at $25.18 billion.

Written by Cláudio Afonso | LinkedIn | X