Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories forced production halts, sending its shares down 2.4% in early trading.

The electric-vehicle maker handed over 435,059 vehicles in the three months to Sept. 30, down nearly 7% from the preceding quarter, but said its target to deliver 1.8 million vehicles this year remained unchanged.

An LSEG poll of eight analysts estimated deliveries of 459,949 vehicles, with the lowest at 442,000 and the highest at 511,405.

The electric vehicle market has seen a slowdown in the United States, although there are signs of growth, Canalys Research said in its report.

“While Tesla remains a dominant force in the US EV market for 2023, there is an increasing demand for a wider range of EV options to satisfy the growing consumer interest in electric vehicles,” said Ashwin Amberkar, analyst at the market research firm.

The world’s most valuable automaker produced 430,488 vehicles in the third quarter, compared with 479,700 in the second quarter and 365,923 a year earlier.

    • Veltoss@lemmy.world
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      1 year ago

      Completely ignoring that any owners that don’t “hate their purchase” get downvoted and insulted and any who do get blasted with upvotes instantly purely because it fits the circlejerk.

      • GlitzyArmrest@lemmy.world
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        1 year ago

        Oh no, downvotes! Those are surely much worse than a very expensive car that is super unreliable and has panel gaps from the factory line.

        You’re totally right, it’s gotta be a circlejerk. Even review websites like Consumer Reports are joining in on the circlejerk. It can’t be that the product is bad or anything like that, they must just hate Tesla to hate Tesla!

        • Veltoss@lemmy.world
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          1 year ago

          Bud come on. You can’t type comments like this and pretend half this shit isn’t in bad faith.

          You people don’t all come out of the wood work when other car companies have problems. There were a couple of massive recalls over the last couple days and most people don’t even know about them because they aren’t about teslas.

          If they were about teslas they’d be plastered over the front page of every social media site for weeks, and you know it.

          • GlitzyArmrest@lemmy.world
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            1 year ago

            Ah, but I see that you’re the one arguing in bad faith here, as evidenced by you continuing to put everyone into tribes:

            You people

            Anyway… I’ll continue to argue with you for now, even though it’s clear you’re angry that people don’t like Tesla, for what ever reason that may be.

            There were a couple massive recalls over the last few days and most people don’t even know about them

            This is incorrect. Those recalls are currently top weekly posts on multiple Lemmy communities. People clearly know about them.

      • Lightor@lemmy.world
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        1 year ago

        Yes, because you liking your own car that doesn’t have issues doesn’t negate all the issues Tesla has. They have shit QA and build quality, literally spend 30 seconds on Google.

        The irony is you people think it has to do with Musk, the main reason you bought it, it doesn’t. The product is shit.

        • Veltoss@lemmy.world
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          1 year ago

          Lot of bad faith here. Tons of people like their car. It’s absolutely a massive circlejerk. No one is claiming they’re perfect. There is a concept you should check out called “nuance” that social media is destroying, maybe consider giving it a shot.

          The last paragraph is just pure trolling garbage, not even going to bother.

          • Lightor@lemmy.world
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            1 year ago

            Lol, I’m operating in bad faith? That’s hilariously ironic.

            Tons of people hate their Tesla too, at least pretend to be unbiased.

            • Veltoss@lemmy.world
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              1 year ago

              I’m assuming at this point you’re just getting off on trolling, but I urge you to actually look up what a circlejerk is. Some people can not like a car and it still doesn’t look or present itself the way this circlejerk always does. The amount of goal post shifting, blatant misinformation, and lying that goes on in these discussions is insane but no one cares because… It’s a circlejerk.