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After two straight quarters of declines, Tesla’s vehicle sales are finally on the upswing.
Tesla reported producing 469,796 vehicles over the three-month period that ended in September, a 9.1 percent increase compared to the third quarter of 2023. The company also reported delivering 462,890 vehicles to customers during Q3 of 2024, a 6.3 percent jump from Q2 2023.
It was also a measured improvement over the previous quarter’s numbers. Production was up 14.4 percent as compared to the second quarter of 2024, while delivery increased 5.8 percent. Tesla is making and selling more vehicles than it was earlier this year.
That’s not to say the company doesn’t have challenges ahead. Overall EV sales are still growing slower than they were…