Tesla sees 2022 delivery miss, Q3 revenue comes in below forecast

FILE PHOTO: A Tesla model 3 car is seen in their showroom in Singapore October 22, 2021. REUTERS/Edgar Su

(Reuters) -Tesla Inc Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates.

The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.