Tesla deliveries rise to record after slashing prices on EVs
newscatcher
2023-04-03 01:37
Tesla deliveries rise to record after slashing prices on EVs
Tesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffetted by rising interest rates and faster inflation. The results, posted Sunday, compare with the 421,164 vehicles analysts surveyed by Bloomberg had expected would be shipped. Austin, Texas-based Tesla has led the auto industry into battery powered cars. The company produced 440,808 vehicles during the quarter, more than the 432,513 analysts expected. On the last earnings call, Chief Executive Officer Elon Musk said Tesla aims to make 1.

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