Elon Musk’s company faces “ongoing supply chain challenges and factory shutdowns beyond our control”.
| Tesla said on Saturday that vehicle deliveries from April through June fell 18 per cent from the first quarter of the year, a rare slowdown for the company caused by production problems in China.
Tesla said it sold more than 254,000 cars from April through June, an 18 per cent drop from the first three months of this year.Tesla delivered more than 254,000 vehicles in the quarter compared with 310,000 in the first quarter. It was the first quarterly decline in deliveries since the beginning of 2020, when the onset of the pandemic undercut car sales worldwide.
Despite the slowdown in deliveries, Tesla is still faring better than other automakers. Compared with the first quarter of 2021, Tesla deliveries rose 26 per cent. That is much better than General Motors, which said Friday that its US deliveries of new vehicles in the second quarter declined 15 per cent from a year earlier. Similarly, Toyota Motor reported a drop of 23 per cent in US sales.
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