Electric car company Tesla has delivered a record number of cars in the second quarter - as its strategy to lower prices paid off and US consumers took advantage of tax credits.
The carmaker beat market expectations and delivered 466,140 cars in the three months to the end of June, up 83.5% on a year ago and an increase ofIt produced an even greater number of vehicles - 479,700 - exceeding its own ambitious targets of turning out an extra 50% of cars a year.Elon Musk, to deliver just 445,000 vehicles.Elon Musk brain chip firm trials approved
The vast majority of sales were of the Model 3 and Model Y, which came down in price a number of times this year. Combined with US government subsidies, customers could own one of the models for roughly $33,000 when federal tax credits are applied.As a result, the cost of Tesla's vehicles was brought down in January and March to keep the company competitive with rivals, as traditional carmakers continue to boost their electric vehicle production.
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