Tesla delivered a record 343,830 vehicles in Q3 2022

Tesla delivered a record 343,830 vehicles in the third quarter of 2022, a sign that the Elon Musk-owned company has recovered from a slower second quarter related to COVID-related plant closures.

In a report on the automaker’s site, Tesla says the Model S and X accounted for 18,672 of its quarterly deliveries, while the Model 3 and Y accounted for 325,158. Tesla made a total of 365,923 cars in the quarter, leaving about 20,000 cars in inventory.

The automaker clarifies that some of these electric vehicles (EVs) “were in transit at the end of the quarter,” adding that they “have been ordered and will be delivered to customers upon arrival at their destination.” Tesla also notes that during these peak logistical weeks, it was difficult to “secure vehicle transportation capacity and at a reasonable cost,” which is why some EVs still haven’t been delivered. Last year, Musk told employees to stop rushing to increase quarterly deliveries and instead focus on minimizing transportation costs.