Date
23 October 2018
Tesla said it faced short-term production issues related to transitioning to new hardware for Autopilot driver-assistance system. Photo: Bloomberg
Tesla said it faced short-term production issues related to transitioning to new hardware for Autopilot driver-assistance system. Photo: Bloomberg

Tesla misses delivery target amid production delays

Tesla Motors reported deliveries of 22,200 vehicles for the fourth quarter of 2016, missing its guidance for the period, as production delays continue to plague the carmaker, Bloomberg reports. 

The California-based electric-car maker had earlier said that it expects to deliver about 25,000 units in the fourth quarter, taking its full-year sales figure to at least 80,000 units.

Following the missed fourth-quarter target, the company’s full-year delivery figure stands at 76,230 vehicles, according to the report.

Tesla has been counting on keeping sales of Model S sedans and Model X sport utility vehicles strong while consumers await the smaller, less-expensive Model 3, which isn’t slated to begin production in volume until late 2017.

Short-term production issues related to transitioning to new hardware for the Autopilot driver-assistance system contributed to transport delays or prolonged physical delivery of about 2,750 cars to customers, the company was quoted as saying in a statement.

The Autopilot-related challenges began in late October and lasted through early December, it said.

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