Tesla's recent performance shows a meaningful recovery after two consecutive quarters of declines, with Q3 2024 reporting a notable increase in both production and delivery of vehicles.
In Q3 of 2024, Tesla produced 469,796 vehicles—9.1% more than the prior quarter—and delivered 462,890 vehicles, marking a significant 6.3% increase from Q2.
This upward trend is a positive indication for Tesla, highlighting a production increase of 14.4% and delivery up by 5.8% compared to the previous quarter.
The recent surge in production and sales emphasizes Tesla's capability to bounce back in a competitive market after experiencing challenges earlier this year.
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