Tesla has announced a date for its 3Q 2021 financial report. During the Earnings Call, the company is expected to talk about how it managed to achieve incredible delivery rates amid global chip shortages, as well as updates on new products and the launch of work of its two new factories under construction in the United States and Germany.
Tesla will post its financial results for the third quarter of 2021 after market close on Wednesday, October 20, 2021. At that time, Tesla will issue a brief advisory containing a link to the Q3 2021 update, which will be available on Tesla's Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.
What: Date of Tesla Q3 2021 Financial Results and Q&A Webcast
When: Wednesday, October 20, 2021
Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q3 2021 Update: http://ir.tesla.com
Webcast: http://ir.tesla.com (live and replay)
Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company’s website.
For additional information, please visit http://ir.tesla.com.
Investor Relations Contact:
On October 2, Tesla announced Q3 2021 delivery data from Austin, Texas that significantly exceed the Wall Street consensus at 222,000. With 241,300 vehicles delivered, Tesla exceeded expectations by a very impressive 19,300 units. Tesla teams have done an excellent job of handling the growing production ramp-up, as well as tackling the challenges of the global supply chain and logistics, producing and delivering vehicles quickly and efficiently around the world.
At the moment, the semiconductor shortage problem remains worldwide, which has a significant impact on all car manufacturers. The Tesla team was able to negotiate with suppliers to obtain critical components for their vehicles. In addition, despite large congestions at ports globally, the company has demonstrated excellent logistics quality, delivering hundreds of thousands of vehicles to customers in no time. This ability of Tesla also underlines that the manufacturer is adept at handling many challenges that others cannot.
Tesla delivered 241,300 vehicles in Q3 2021, of which 232,025 were Model 3/Y and 9,275 were Model S/X.
Tesla produced 237,823 vehicles in Q3 2021, of which 228,882 were Model 3/Y and 8,941 Model S/X.
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