• chevron_right

      Tesla built more cars than it could sell in Q1 2023

      news.movim.eu / ArsTechnica · Monday, 3 April, 2023 - 13:13

    Close-up of Tesla Motors logo against a bright blue sky in Pleasanton, California, 2018

    Enlarge (credit: Smith Collection/Gado/Getty Images)

    Sales of new Tesla electric vehicles rose for the first quarter of 2023, according to sales and production figures released by the EV maker on Sunday. For the three months between the start of the year and the end of March, Tesla delivered 422,875 EVs; in 2022 they managed 310,048 deliveries during Q1.

    That represents a 36 percent increase year on year for the EV company and a 4 percent increase from Q4 2022 .

    As expected, the vast majority of its sales were split between the Models 3 and Y—Tesla does not break out details any further, nor does it report by regions. In Q1 2023 it delivered 412,180 Models 3 and Y, 5 percent of which were leased.

    Read 4 remaining paragraphs | Comments

    • chevron_right

      Tesla deliveries drop by 18 percent in Q2 2022

      news.movim.eu / ArsTechnica · Tuesday, 5 July, 2022 - 19:40

    Tesla's new factories in Berlin and Texas are proving more costly to set up than its plant in Shanghai (pictured).

    Enlarge / Tesla's new factories in Berlin and Texas are proving more costly to set up than its plant in Shanghai (pictured). (credit: Tesla)

    After several quarters of impressive growth, Tesla is starting to feel the pinch. The US automaker announced on Saturday that, between April and June, it has produced only 258,580 electric vehicles and delivered only 254,695 cars.

    By comparison, it was able to build 305,407 EVs and deliver 291,189 of them in the first three months of 2022. However, it claims that it produced more cars in June 2022 than any previous month in its history.

    A detailed breakdown of this quarter's results is scheduled for July 20, which should shed light on CEO Elon Musk's claims that the company's new factories in Berlin and Texas are " gigantic money furnaces " costing Tesla billions.

    Read 1 remaining paragraphs | Comments