Oct 19 is the last day of the year.

The company's third-quarter revenue fell short of expectations, but it beat estimates for earnings and profit.

Elon Musk Visits Site Of New Tesla Gigafactory In Germany

Musk is in Grnheide on August 13, 2021. The photo was taken by Patrick Pleul.

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The company reported $21.45 billion in revenue for the third quarter, below the $21.96 billion analysts were expecting.

The nearly $3.3 billion in quarterly profit did beat estimates and came just short of the record profit of just over $3.3 billion reported in the first quarter.

The company reported adjusted earnings of $1.05 a share.

In a letter to investors, the company said it expects to achieve 50% annual growth in vehicle deliveries over the next several years.

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Deliveries are scheduled to begin in December, according to a video posted on the company's website.

Concerns about supply chain issues and a potential decrease in demand have led to a 37% decline in the share price of the electric car maker. It has been a drag on the stock as investors worry that Musk will have to sell more shares to finance the deal after he sold more than 15 billion shares in the company.

The company didn't say when production of the cybertruck would begin.

Big Number

350,000. That is how many deliveries the company reported for the third quarter, setting a new quarterly record but falling short of expectations.

There were fraudulent efforts to secure a better deal.

Analyst says that the cybertruck delay is just noise.