In the second quarter of the year, deliveries of Tesla Motors increased by 83%, compared to the same period in 2022, and the company led by Elon Musk has every chance to end the year with 1.8 million vehicles delivered, compared to 1.3 million last year. year.
Tesla delivered 466,000 vehicles from April to June, down from 260,000 in the second quarter of 2022. Last year was difficult for Tesla, mainly due to the component crisis.
Production at factories in the USA, China and Germany also increased this year. It was also important that Tesla reduced the prices of cars by several thousand dollars, thus increasing the number of people who could afford them.
Several Tesla models were eligible in the US for a $7,500 subsidy, with the cheapest Tesla Model 3 costing $33,000 after the subsidy, less than some BMW, Mercedes and Audi models with internal combustion engines. Tesla has more than 60% of the electric car market in the US.
Model 3 and Model Y are the best-selling cars of the company, which also occupy the first places in the top of electric cars in Europe. Last year, the Model Y found more than 137,000 buyers in Europe, and the Model 3 more than 91,000.
The good news for Tesla was also that deliveries increased significantly from the first quarter of the year to the second (from 423,000 to 466,000).
The company’s market capitalization is $820 billion.
Sources: CNBC, CNN, New York Times
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.