Tesla reverses sales slump, sees modest growth in Q3

Tesla's third-quarter 2024 production and sales figures show modest growth, with 469,796 vehicles built—a 9% increase from Q3 2023. Sales reached 462,890, up 6% year-over-year, yet still fell short of analysts' expectations. The Model 3 and Y saw a 6% rise in production, while the introduction of the Cybertruck helped boost the "other" category, which includes older models, by 91%. Despite improvements, the numbers highlight ongoing challenges for Tesla following a disappointing second quarter. For more details, check out the full article. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Ars Technica