A survey conducted by LSEG among eight analysts estimated deliveries of 459,949 vehicles, with the lowest being 442,000 and the highest being 511,405.
The electric vehicle market has experienced a deceleration in the United States, although there are signs of growth, Canalys Research said in a report.
“While Tesla remains a dominant force in the US electric vehicle market by 2023, there is growing demand for a broader range of electric vehicle options to meet increased consumer interest in electric vehicles,” he said. Ashwin Amberkar, analyst at the market research firm.
The world’s most valuable automaker produced 430,488 vehicles in the third quarter, compared with 479,700 in the second quarter and 365,923 a year earlier.
Some analysts believe that factory improvements could cause a spike in deliveries in the fourth quarter, as they would allow Tesla to update its lineup with models that could better compete with offerings from American rivals such as Ford and BYD in China.
The updated Model 3 is priced higher and deliveries in China and Europe are expected to begin in the fourth quarter, while a “Cybertruck” launch event is also expected later this year.
In the third quarter, Tesla reduced the prices of its premium Models S and Model X by 14% to 21% in the main markets, China and the United States.
It also increased discounts on its Model 3 and Model Y mainstays to more than $5,000 in the United States, while cutting Model Y prices and offering other incentives in China. The company will report its third quarter results on October 18.