The American manufacturer Tesla has just published its delivery figures for the third quarter of 2024, and the least we can say is that they are impressive. Despite an uncertain economic context and a slow car market, Elon Musk’s company continues its momentum and shows strong growth.
Figures that make you dizzy
Tesla made it 469,796 vehicles between July and September 2024, an increase of 6.4% compared to the same period last year. Even more amazingly, the manufacturer gave up 462,890 cars to their customers this quarter. These figures exceed analysts’ expectations and confirm Tesla’s leading position in the electric car market.
The Model 3 and Model Y remain at the top of the brand, representing the majority of sales. The success of these two models continues unabated, despite increasingly fierce competition.
A successful bet on energy storage
Beyond cars, Tesla is also making a splash in the field of energy storage. The company applied 6.9 GWh of storage products this quarter, an amazing performance. The Powerwall, Tesla’s domestic battery, is enjoying increasing success with 750,000 units installed worldwide, compared to 500,000 last year.
This diversification into energy storage is paying off for Tesla. It allows him not to put all his eggs in one basket and benefit from the energy movement that is going on.
China, engine of growth
If Tesla performs so well, it is largely due to the Chinese market. The Shanghai Gigafactory is running at full capacity and fueling growing local demand for electric cars. This factory plays a key role in Tesla’s strategy, allowing it to produce at lower costs and respond quickly to Asian demand.
Challenges to overcome
Despite these impressive results, Tesla is not free from problems. Competition is increasing, especially in Europe and the United States where traditional manufacturers are building up. In addition, the company is under pressure on its margins, forcing them to reduce their prices in certain markets.
Time will tell if Tesla will be able to maintain this pace of growth. One thing is certain: with these record numbers, Elon Musk’s company proves that bright days are still ahead of him in the world of electric cars.
My name is Ethan, I am 30 years old, and I am the founder of this magazine. After studying journalism, I quickly decided to go solo to be able to write the way I wanted and talk about my true interests. I aim to create an information center where French and international news are treated seriously and with insight. My goal is to enlighten the daily lives of my readers and encourage a deeper understanding of current issues.
