Tesla Inc Says Q3 Model S/X Production 13,688 Units; Sequential Decline In Volumes Was Caused By Planned Downtimes For Factory Upgrades
Portfolio Pulse from Benzinga Newsdesk
Tesla Inc has reported a sequential decline in Q3 Model S/X production to 13,688 units. The company attributes this decrease to planned downtimes for factory upgrades.
October 02, 2023 | 1:04 pm
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Tesla's Q3 production for Model S/X has declined due to planned factory upgrades. This could potentially impact the company's earnings.
Tesla's production decline for Model S/X in Q3 is due to planned factory upgrades. This could lead to a decrease in the number of units sold, potentially impacting the company's earnings negatively in the short term. However, the upgrades could lead to increased efficiency and higher production volumes in the future.
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