Hello and welcome to the Tuesday October 2nd 2018 edition of Tesla Daily on

official Tesla Podcast.

My name is Rob Maower.

Today we are talking about the official numbers from Tesla on Q3 production and deliveries.

Tesla stock on the day closed down 3.12% to $301,2, as compared to the NASDAQ down 0.47%.

But pay no attention to those results, the delivery and production numbers announced by Tesla today were very strong.

Deliveries on the quarter came in at 83,500 vehicles in total, including 55,840

model 3, 27,660 model S and X, which broke down to 14,470 model S and 13,190

model X.

That 83,500 delivery number represents a 105% sequential growth from Q2.

Even more incredibly in Q3 2017, Tesla delivered 26,150 vehicles, meaning this 83-5 was a 219% increase year

model-over-year. This year model three's. This year model three deliveries over 55,000.

This is why I always say I don't care about the targets the Tesla has put in place. I care about what is actually

being accomplished and what is being accomplished is phenomenal. The Chevy Bolt often bandied about as a Tesla killer back in the 2015-2016 time frame, which actually

began production nine months before the Tesla Model 3, had U.S. deliveries under 4,000 vehicles in the quarter, which, by the way, was down 41% year

over year in the United States. GM claims this is due to diversion of inventory to international channels.

But even if they are supply constrained,

the point is that Tesla has done a much better job

of supplying the market with the electric vehicles

that they demand.

We talk about it all the time, but even if someone can manage to even make a vehicle that is competitive

with the Tesla, they still need to produce it in volumes that are competitive with Tesla as well. The data is showing us that it's

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