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After the US stock market closed on Wednesday, Tesla announced its third-quarter financial report. Because its revenue was lower than Wall Street's expectations and it did not realize the expected share repurchase plan, the company's stock price It was down about 4% at one point in after-hours trading.

　　According to the financial report, Tesla’s third-quarter revenue was $21.45 billion, compared with market expectations of $22.1 billion; adjusted earnings per share in the third quarter were $1.05, higher than analysts’ expectations of $1.01.

　　Tesla's third-quarter net profit was $3.292 billion, compared with $1.618 billion in the same period last year, and market expectations were $3.19 billion.

　　Tesla noted that rising raw material prices and inefficiencies in production at new factories in Berlin and Texas have affected the company's profitability. Additionally, supply chain bottlenecks remain a looming challenge.

　　On Wednesday's conference call, Tesla reiterated its previous guidance, and the company said we expect a 50% annual growth rate in vehicle deliveries.

　　Tesla reported earlier this month that it delivered 343,000 vehicles and produced 365,000 vehicles in the third quarter ended Sept. 30.

　　In April, Tesla CEO Elon Musk said that Tesla would produce more than 1.5 million vehicles this year. The company produced about 930,000 vehicles in the first three quarters of this year, and needs to produce more than 570,000 vehicles in the fourth quarter to make that happen.

　　Tesla reiterated that deliveries of its Semi electric truck will begin in December. Tesla did not provide an exact timetable for starting production of its Cybertruck pickup, saying only that it will begin production in Texas after the Model Y production scales up in Texas.

　　Analysts pointed out that Tesla's performance shows that macroeconomic uncertainty is having a certain impact on demand for electric vehicles, and Tesla may face challenges in increasing production capacity, which will also prevent the growth rate of deliveries this year. 50%.

　　Tesla CEO Elon Musk is optimistic about the future, but has failed to boost its stock price. Musk said Tesla has the potential to make $5 billion to $10 billion in stock buybacks and expects to produce 50,000 Semi electric trucks in 2024.

　　Shares of Tesla are down about 37% so far this year, outpacing the Nasdaq Composite's 32% decline, and Musk's acquisition of Twitter has also weighed on Tesla, which has sold off this year. Over $15 billion in Tesla stock.