Shares of electric car maker Tesla (NASDAQ:TSLA) fell 6.5% to $248 during trading on the NASDAQ premarket on Monday, October 3. At the time of writing, the decline had slowed to 4.62%, RBC notes.

Quotes began to decline amid the publication of the quarterly supply report. According to the results of the third quarter of 2022, Tesla delivered a record 343,830 cars worldwide, but experts predicted an increase in sales to 358 thousand units.

The production volume amounted to 365,000 units. In comparison, for July-September 2021, Tesla’s deliveries reached 241,300 electric cars with production of 237,823 units.

Quarterly delivery volume is one of the key metrics that Tesla investors are watching. The company will release its full report for the period after the market close on October 19.