Business & Investment

Tesla: Tesla posted a record delivery in the first quarter, surpassing the quote

Tesla, Inc. On Friday, strong demand offset the impact of a global parts shortage, surpassing Wall Street estimates and recording record deliveries for the January-March quarter.

“I am encouraged that Model Y has been well received. China And soon it’s completely advanced Manufacturing Capacity “.

“The new Model S and Model X are also very popular, and the new equipment was installed and tested in the first quarter and is in the early stages of production launch,” he added.

Tesla Has strong support from Shanghai Since the construction of the first overseas factory in 2019, Y-type production started at the end of last year.

Electric car maker delivered 184,800 vehicle According to Refinitiv data, it exceeded an estimated 177,822 units during the first quarter.

This is also above the previous record of 180,570, which was achieved in the previous quarter.

Tesla’s total first-quarter production increased slightly to 180,338 units, while fourth-quarter production was 179,757 units.

The car maker’s factory in Fremont, California was also closed for two days in February due to a “shortage of parts.”

Tesla has become one of the most valuable car companies in the world, despite being just a few of its rivals: Toyota Motor, Volkswagen AG And General Motors Co., Ltd.

Tesla: Tesla posted a record delivery in the first quarter, surpassing the quote

https://economictimes.indiatimes.com/markets/stocks/earnings/tesla-posts-record-deliveries-in-first-quarter-beats-estimates/articleshow/81874420.cms Tesla: Tesla posted a record delivery in the first quarter, surpassing the quote

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