Tesla Set New Quarterly Record

Tesla announced its third quarter deliveries number were up over 70% to 24500 cars, which is more than double from previous quarters.

The deliveries this quarter were made up of 15,800 Model S sedans and 8,700 Model X SUVs, with vehicle production rising to 25,185. That’s up 37 percent from Q2’s production of 18,345.

Since Tesla says it only counts a vehicle as delivered when all the paperwork is done, there are another 5,500 or so that are “in transit” and will be counted in the fourth quarter figures. Tesla said it expects to deliver about as many vehicles in Q4 as it did in Q3, for a total of 50,000 in the second-half of 2016.

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