Tesla Deliveries Rise to 11,580 in Quarter as Musk Projected

  • Volume represents 49% increase from year earlier period
  • Automaker handed over first Model X SUVs earlier this week
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Tesla Motors Inc. said it delivered 11,580 vehicles in the third quarter, meeting its target after Chief Executive Officer Elon Musk handed over the first Model X sport utility vehicles just before the end of the period.

The total, a preliminary number subject to change when the electric-car maker posts earnings for the quarter, rose 49 percent from a year earlier. Tesla, which provided the figure Friday in a filing, had forecast in August that deliveries for the three months ended Sept. 30 would be about the same as the 11,532 in the second quarter.