Delivery record at Tesla confirms discount strategy | free press

by time news

2023-07-02 20:52:48

Tesla clearly exceeds market expectations for production and deliveries. The lower prices had an effect on the sales figures in the second quarter.

The US electric vehicle manufacturer Tesla produced and delivered more cars in the second quarter than experts had expected.

Production was at almost 480,000 vehicles, the company said on Sunday in Austin. A good 466,000 units were delivered. Analysts had expected significantly less for both sizes.

The second-quarter delivery record shows that Tesla’s efforts to stimulate demand through rebates earlier in the year have been successful. However, as in the first quarter, production exceeded deliveries. However, at 13,560 vehicles, inventory build-up in the second quarter was smaller than in the first three months of the current month, when overproduction was at more than 18,000 vehicles. (dpa)

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