Free Cars

Tesla delivered 486,532 cars last quarter and built 464,391, about 22,000 more delivered than made. Analysts say the quarter before was the same, roughly 28,000. So it's selling cars it already had. 98% were Model 3 and Model Y. Earnings October 21. Dougie still wants his free one.

Tesla delivered 486,532 vehicles in the third quarter but built only 464,391, about 22,000 fewer than it delivered, after a second quarter in which, by Morgan Stanley's count, deliveries exceeded production by roughly 28,000; so for two quarters running it has been selling cars it had already made; the Model 3 and Model Y were 98% of deliveries, and earnings come on October 21.

Starring

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