Tesla Q3 revenue up 56%

Tesla's revenue for the third quarter stood at $21.45 billion, up 56 percent year-on-year, according to its financial report released on Thursday.

Its operating income reached $3.7 billion, which resulted in a 17.2 percent operating margin.

The electric carmaker delivered 343,830 units in the third quarter, bringing its deliveries from January to September to 908,573 units.

Tesla said one of its top current priorities is to scale up production at its plants across the globe.

"I can't emphasize enough we have excellent demand for Q4 and we expect to sell every car that we make for as far into the future as we can see," CEO Elon Musk said.

"The factories are running at full speed and we're delivering every car we make, and keeping operating margins strong," he said.

As for the company's future products, Tesla said it expects to roll out its semi to Pepsi in December, and that it will begin producing its Cybertruck in Texas after ramping its Model Y production.