Tesla Attempts To Add Value In Fragile Economic Times

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This article brings to light how Tesla attempts to solidify its EV market dominance by shifting focus on manufacturing and deliveries.

outlined why he thought Tesla was expected to end its nearly 2-year-long run of record quarterly deliveries.was correct about Tesla not setting another delivery record, but the company did set a new quarterlyrecord. Let’s look at Tesla’s work behind the scenes to continue its EV marketplace dominance.

Nonetheless, Tesla attempts to weather pandemic and supply-chain disruptions have until now proven much better than most automakers.Tesla CEO Elon Musk affirmed in April that Tesla’s overall vehicle production in Q2 would be “roughly on par” with the first quarter, driven by a China rebound. At the launch of the Gigafactory in Austin that same month, Musk

Musk also joked that Tesla’s new factories in Texas and Berlin are “gigantic money furnaces,” losing billions of dollars as they struggle to increase production quickly. He admitted the carmaker’s supply-chain problems are not over and keeping the factories running remains a concern.

 

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