However the company’s sales were slightly below expectations, which were looking for Tesla to produce 312,000 cars, according to Wedbush Securities. But the sales increase came even as Tesla battled a global shortage of computer chips and other parts.
The global computer chip shortage has bedeviled nearly all automakers, but Tesla seems to have dealt with the shortages better than the rest of the industry. Wedbush analysts said they believe 20,000 to 25,000 sales that would have happened in the first quarter have now been pushed into the second quarter due to supply and logistics issues.
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