Tesla delivered a record-breaking 241,300 electric vehicles in the third quarter, beating expectations as other US automakers saw sales decline due to a global chip shortage.
The vast majority of Tesla shipments (around 96%) were the newer Model 3 sedan and Model Y crossover, according to the report released on Saturday. Tesla said 9,275 of the vehicles shipped were Model X and S. Deliveries have increased 20% since the second quarter and 73% over the same period last year.
The production numbers have also increased. Tesla produced 237,823 electric vehicles in the third quarter, another record for the company.
Tesla boss Elon Musk tweeted congratulations to the company and its employees on achieving the delivery and production figures. In a separate tweet, Musk wrote: “And many thanks to our suppliers & logistics partners for getting through despite great difficulties!”
While Tesla beat expectations, other legacy automakers reported a drop in US sales. (Tesla’s sales are global and the company does not provide regional data).
GM has been hit the hardest. GM announced Friday that it had sold 446,997 vehicles in the US, a 33% decrease in new car sales compared to the same quarter last year. GM shut down several plants this summer due to the global shortage of semiconductor chips and battery packs for its Chevrolet Bolt EV and EUV vehicles. These plants have been online again since then.
Despite the decline in US sales, GM said it would maintain its total adjusted earnings of $ 11.5 billion to $ 13.5 billion as the company “continues to develop solutions to mitigate the effects of semiconductor shortages and the Chevrolet Bolt EV recall “.
Stellantis, formerly Fiat Chrysler, reported an 18% decline in US sales. Ford has not yet announced its sales figures.