Tesla's tumultuous third quarter saw earnings rise but sales fall

Tesla’s tumultuous third quarter saw earnings rise but sales fall

“It’s simply that you won’t have to touch the car controls very much.”

Tesla has set a goal of increasing car sales by 50% each year over the next five years. Tesla delivered 936,000 cars in 2021 and has delivered 908,573 units so far in 2022. According to Autoblog, in order to fulfill the 50 percent growth target, the business will need to sell nearly 1.4 million cars this year, with 490,000 of them arriving in Q4. Tesla also reaffirmed its intention to begin Semi deliveries in December. “The plants are functioning at full capacity, and we’re delivering every vehicle we build while maintaining great operating profits,” Musk stated.