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Tesla ’s Cybertruck was the third best - selling electrical vehicle in the United States in the third quarter , beating out every other EV not made by Tesla . The only two vehicle that sell better were the Model 3 sedan and Model Y SUV .
The polarizing truck notch this accomplishment despite betray at its most expensive passementerie model in the former going . It ’s also a sign of just how much trouble major auto manufacturer like Ford and General Motors have operate into in finding customers for their own EVs .
self-propelled research firm Kelley Blue Book nail down Tesla ’s Cybertruck sale as third - bestlast hebdomad , notching over 16,000 sales event .
Ford only sold around 7,000 F-150 Lightnings in the third quarter , and just over 13,000 Mustang Mach - due east sport utility , according tosales datafrom the automaker . GM has seemingly found some early success with its new Blazer and Equinox eV , but still only sell around32,000 electric vehiclestotallast tail . Rivian only deliver around 3,800 of its own galvanic pickup .
Tesla reassert the third - adept accomplishment Wednesday when it releasedits fiscal results for the third quarter . Tesla also noted that the Cybertruck generate a confident vulgar border — a measure of profitability that is cypher by subtracting the cost of good sell from revenue .
Tesla also revealed it generated $ 25.2 billion in sales during the fourth and notched a $ 2.2 billion profit . Tesla ’s earnings was boosted by $ 739 million in sale of regulatory credit to other automakers — the second - gamey amount it ’s ever sold in a quarter , behind the 2nd tail of this year when it sold $ 890 million worth . Tesla enjoin its profits were also boost by the fact that it started transport its Actually Smart Summon feature article and its Full Self - Driving ( Supervised ) software program to Cybertruck owners , which allowed the party to recognize some of the money owners ante up up front as tax income .
Tesla ’s stern cost - slip also play into its profit chassis . Tesla enunciate in theshareholder letterthat the cost of goods sell per vehicle is down to $ 35,100 .
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Those Q3 human body helped push Tesla ’s stock toll up more than 9 % in after - hours trading .
Cost - cutting is n’t helping every part of the patronage , though . Tesla report a 20 % yr - over - twelvemonth growth in Supercharger stations , its dim growth bod in age . This comes after Tesla gutted — and then begin rehiring some of — its Supercharger team earlier this twelvemonth as part of a massive company - wide layoff .
