Tesla's Growth Slows in Q1 as It Built Way More Cars Than It Sold

Tesla has released preliminary figures for the first quarter of 2024, with the company producing 433,371 total vehicles but only delivering 386,810.Those results represent a notable decline in volume, and the actual deliveries fall well short of Q1 projections that reportedly averaged around 457,000. Tesla claims the poor results are partly due to ramping up production of the updated Model 3 at its Fremont, California, factory and partly because of factory shutdowns abroad.

While Tesla doesn't break out individual models, it does list the combined figures for the Model 3 sedan and Model Y SUV as well as 'other models,' which include the bigger Model S sedan and Model X SUV. In Q1 2024, Tesla built 412,376 Model 3/Y but only sold 369,783; the other models accounted for 20,995 that were built and 17,027 that were delivered.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tesla 1Q sales fall nearly 9% as competition heats up and demand for electric vehicles slowsTesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. The Austin, Texas, company said it delivered 386,810 vehicles from January through March, almost 9% below the 423,000 it sold in the same quarter of last year.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »

Tesla Sales Fall as Competition Increases and EV Demand SlowsTesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »