Tesla Inc. stock prices fell more than 4 percent before market opened on Monday after announcing lower-than-expected electric vehicle deliveries in the third quarter and logistical challenges overshadowed its record deliveries.

The U.S. electric car maker said on Sunday "it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost," but some analysts were also concerned about demand for high-ticket items due to the weakening global economy.

"The economy around the edges is still having a negative impact for Tesla that's mostly logistical. But that I think there is some demand [issues] sprinkled in there," Wedbush Securities Analyst Dan Ives told Reuters after the delivery results.

"There is a dark cloud over the auto sector. And Tesla is not immune."

Ford Motor said last month inflation-related costs would be $1 billion more than expected in the third quarter and that parts shortages had delayed deliveries.

Tesla delivered 343,830 electric vehicles in the third quarter, a record for the world's most valuable automaker, but less than the 359,162 analysts on average had expected, according to Refinitiv.

The company completed a project to expand production capacity at its Shanghai plant last month, upgrading its weekly output by 30 percent to a maximum of 22,000 vehicles.

Last year, Tesla CEO Elon Musk said Tesla was having a "crazy wave" of deliveries at the end of each quarter, explaining that it was because its Shanghai factory makes cars for exports to Europe and other countries in the first half of a quarter first, and then followed by cars to be sold in China.

(Source: Reuters with edits)