Tag: built
Tesla built 365,923 electric vehicles in Q3, up 42 percent from Q2
After pandemic-related disruptions in Q2, Tesla ramped up its manufacturing capacity again last quarter, leading the company to make a record number of deliveries between July 1st and September 30th. The company built 365,923 electric vehicles during the period. That marks a year over-year production increase of nearly 54 percent, as Tesla manufactured 237,823 cars in Q3 2021. Production was also up by 41.5 percent from Q2 2022, when the automaker built 258,580 vehicles.
The company produced 19,935 Model S and Model X cars in Q3 and delivered 18,672. For the Model 3 and Model Y, those figures were 345,988 and 345,988, respectively. In total, Tesla says it was able to deliver 343,830 vehicles in Q3, the most it has delivered in any quarter to date. However, that was below expectations, according to Reuters. On average, analysts anticipated that Tesla would deliver 359,162 EVs during the quarter.
Tesla built around 20,000 more vehicles that it was able to deliver during Q3. “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,” Tesla said in a statement.
CEO Elon Musk noted last year that Tesla sees a significant increase in deliveries at the end of every quarter. That’s because the Shanghai Gigafactory, which recently built its 1 millionth car, manufactures EVs bound for Europe and other countries in the first half of each quarter, “then cars for far away parts of China, then cars for nearby parts of China,” Musk said.
“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,” Tesla said. “These cars have been ordered and will be delivered to customers upon arrival at their destination.”
The number of cars Tesla manufactured and delivered dropped dramatically in Q2 2022. It was forced to suspend work at the Shanghai factory in March due to a COVID-19 outbreak in China. Production at the plant has resumed, while recently opened Gigafactories in Berlin and Texas have helped the company significantly improve its manufacturing numbers. We’ll learn more about what the uptick in production and deliveries means for Tesla’s bottom line when the company announces its Q3 financial results on October 19th.
The Moneyist: ‘I would not have been able to do it without him’: I built a property portfolio with 23 units while we were dating. How much should I give to my fiancé in our prenup?
Samsung’s Galaxy XCover 6 Pro and Tab Active 4 Pro are built to last
Indonesian crypto platform Reku is built for both new and experienced traders
Cryptocurrency transactions in Indonesia hit $60 billion last year, according to the country’s commodities futures trading agency. Crypto exchange and marketplace Reku has been riding the wave with what it says are the lowest fees on the market, and a platform that is aimed at both newcomers and experienced traders. Today, the startup, founded in […]
Indonesian crypto platform Reku is built for both new and experienced traders by Catherine Shu originally published on TechCrunch
The Xbox app for PC now has ‘HowLongToBeat’ built in
Microsoft has released a new version of the Xbox app for PC. The September update adds HowLongToBeat integration. If you’re not familiar with the website, it’s a resource where you can find out how much time you may need to complete a specific game. What makes HowLongToBeat so helpful is that it has separate estimates for players with different playstyles.
Using Red Dead Redemption 2 as an example, HowLongToBeat estimates most people will need about 50 hours to complete the main story, and another 30 or so hours to play through the game’s side content. If you want to see everything RDR2 has to offer, that will take about 174 hours.
Microsoft suggests the integration will make it easier to decide what game you want to play next since you’ll have a better idea of the time commitment it wants from you. The company also notes you can click “View Details” to submit your own play times and help other players decide how to spend their time.
Even if you don’t end up using the HowLongToBeat integration much, the September update will help you save time. According to Microsoft, the Xbox app is now 15 percent faster at launching. Additionally, there should be significantly fewer instances of crashes and games failing to download or install successfully. Lastly, the search functionality should produce results about 20 percent faster.
Virtual computer built inside Minecraft can now play Minecraft
![Virtual computer built inside Minecraft can now play Minecraft](https://static.techspot.com/images2/news/ts3_thumbs/2022/07/2022-07-21-ts3_thumbs-d8b.jpg)
Last year, Sammyuri, a Minecraft redstone builder, created a virtual computer inside Minecraft. Using the power of redstone — one of the more advanced elements in Minecraft – they were able to build an entirely working computer, named “Chungus 2”, featuring an 8-bit processor with a 1 Hz clock speed…
Daily Crunch: New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’ by Christine Hall originally published on TechCrunch