Tesla delivered 83,500 vehicles in the third quarter, more than expected

- accelerating China factory due to tariffs of about 40% into China, they don&#x27;t indicate what accelerating actually means<p>Numbers:<p>- Q3 production 53,239, - Bloomberg’s estimate: 53,457<p>- North American deliveries of 55,840 rank the Model 3 among the 10 best-selling sedans in the region--and the only one that&#x27;s electric<p>- pretty good news in the face of what other car companies are doing<p>- GM sales are expected to fall 14%, after falling 13% in August.<p>- Analyst estimates for Ford (-9%), Toyota (-6.5%), Honda (-4.1%)

Tesla has a product that people want, and, importantly appeals to the new generation of prospective car owners in a way the other auto manufactures can&#x27;t come close to even hoping. Youth haven&#x27;t really been interested in cars in the same way and with the same level of excitement they once were for awhile now until Tesla came along.<p>To put simply, they will eventually figure out their manufacturing and economies of scale (they are already well on their way to doing so) and when that happens it will be a dramatic rise and unseating of power. We&#x27;ve seen time and time again market share and dominance means very little in the long term and the ability to manufacture a car isn&#x27;t an exclusive right to the current incumbents.

This is great news for Tesla. Despite the Elon&#x27;s recent conduct, the company is doing well. I hope they continue the trajectory.

“53,239 Model 3 vehicles, which was in line with our guidance and almost double the volume of Q2.”

Isn&#x27;t &quot;in line with our guidance&quot; the key phrase here? How often does Tesla get to say that?

From their press release:<p>&quot;We also want to thank all of our customers who volunteered to help us with deliveries, and our new customers who are showing their faith in Tesla by purchasing our products in such large numbers.&quot;<p>Isn&#x27;t it illegal for a for-profit company like Tesla to make use of &quot;volunteers&quot;&#x2F;unpaid labor? There are only narrow exceptions e.g. interns for school credit.<p><a href="https:&#x2F;&#x2F;webapps.dol.gov&#x2F;elaws&#x2F;whd&#x2F;flsa&#x2F;docs&#x2F;volunteers.asp" rel="nofollow">https:&#x2F;&#x2F;webapps.dol.gov&#x2F;elaws&#x2F;whd&#x2F;flsa&#x2F;docs&#x2F;volunteers.asp</a><p><a href="https:&#x2F;&#x2F;www.nomoreunpaidlabor.com" rel="nofollow">https:&#x2F;&#x2F;www.nomoreunpaidlabor.com</a>

Impressive, but they are going to need to dramatically increase that number to if they wish to compete when the big car companies wake up.