SAN FRANCISCO : Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition. Tesla is expected as early as this weekend to report global deliveries of 445,000 ve
SAN FRANCISCO : Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition.
Tesla CEO Elon Musk's plan to sharply increase sales this year faces challenges from aging and limited product line-ups as competition intensifies especially in China, and demand softens. Tesla this week sent out an email,"The Most American-Made Cars Are S3XY," offering three months of Supercharging to those who take delivery of a Model 3 by June 30, 2023.
"I think China was a little bit better than expected and so there might be room for a little bit of a positive surprise there," said Thomas Martin, senior portfolio manager at Globalt Investments, which holds Tesla stock.
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