Tesla reported 343,830 deliveries for Q3 2022 on Sunday. The number marks a new record for the company, but misses expectations from Wall Street, which were around 357k vehicles to be delivered. 



The company delivered 325,158 Model 3 and Model Y vehicles, and delivered 18,672 Model S and Model X vehicles. 

The company blamed logistics for its miss and noted that a number of vehicles were "in transit". 

"Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars.  As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks," the company wrote in its Sunday press release. 

"In Q3, we began transitioning to a more even regional mix of vehicle builds each week, which led to an increase in cars in transit at the end of the quarter.  These cars have been ordered and will be delivered to customers upon arrival at their destination."

The number not only missed Wall Street's expectations, but the expectations of many individual analysts and company followers. 

It should be interesting to see how the market reacts to the numbers, especially given the company's lackluster "AI Day" on Friday.