Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its electric vehicles more affordable.
Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, U.S., May 23, 2023. REUTERS/Carlos Barria/File Photoon Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its electric vehicles more affordable.
Analysts on average had expected Tesla to deliver 445,000 cars, according to nine analysts polled by Refinitiv, with the lowest estimate at 439,875 and highest at 450,000. "The price cuts was a smart poker move for Tesla and paying major dividends in the field especially for the China market," Dan Ives, an analyst at Wedbush Securities, said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla beats second-quarter delivery estimatesTesla Inc on Sunday delivered a record number of vehicles in the second quarter, topping market estimates after the electric carmaker increased discounts and incentives.
Read more »
Johnson County residents continue cleanup after Sunday’s tornadoJohnson County residents are still working to pick up the pieces after Sunday’s tornado. Throughout the county, fallen trees can be seen everywhere you look — Some roughly 100-years-old.
Read more »
San Antonio to celebrate, honor military with Armed Forces River Parade on SundayThe San Antonio River Walk will be filled with floats decorated in red, white and blue on Sunday for the Armed Forces River Parade.
Read more »
NASCAR Chicago Street Race ‘Racer Kaczor’ sizes up Sunday’s raceChicagoan and former international race car driver Mary Kaczor gives new fans a glimpse of what to expect Sunday at NASCAR's Chicago Street Race.
Read more »
NASCAR Chicago: XFinity Series rescheduled for Sunday morning due to storms in areaThe Chainsmokers concert, scheduled for Saturday evening, has been canceled.
Read more »
Dublin airport staff's pay and benefits compromised in cyberattack, Sunday Times reportsThe pay and benefits details of nearly 2,000 staff members of DAA, which operates Ireland's Dublin airport, were compromised due to a recent cyberattack on professional service provider Aon , the Sunday Times reported.
Read more »