“We absolutely believe that this is going to be competitive advantage for us,” Fields said of the Tesla order. “We want to be a leader in mobility… Getting customers’ experience with electrified vehicles is an absolute priority for us.”
The world’s most valuable automaker delivered a record 241,300 electric cars globally in the third quarter, even as it warned that supply chain headwinds would pressure margins. “It puts an exclamation point under guidance for 50%+ growth in deliveries,” Roth Capital analyst Craig Irwin said. “Another solid piece of evidence EVs are going mainstream.”
U.S. President Joe Biden has made it a priority to support the rollout of electric vehicles to combat climate change, but a lack of charging network infrastructure could remain a key hurdle to his ambitious plan.
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