Home » Business » Tesla has weathered the chip crisis better than other automakers and announces record deliveries of electric cars in the third quarter of this year

Tesla has weathered the chip crisis better than other automakers and announces record deliveries of electric cars in the third quarter of this year

The quoted source mentions that, according to Refinitiv data, analysts anticipated that the electric car manufacturer will deliver only 229,142 vehicles.

Tesla has weathered the chip crisis better than other automakers, with its vehicle deliveries up 20 percent in July-September from a previous record in the second quarter, the sixth consecutive quarterly increase., transmits News.ro.

According to data provided by Automarket.ro, Tesla delivered 201,250 electric cars in the second quarter of the year.

In China, rising exports to Europe and the introduction of the cheaper Model Y car have helped boost Tesla production, analysts say.

Tesla also announced that it has delivered 232,025 Model 3 compact cars and Model Y SUVs and 9,275 Model S and Model X cars.

In 2020, the manufacturer reached a production of 509,737 units, as follows: 54,805 units for Model S and Model X, respectively 454,932 units for Model 3 and Model Y.

Tesla delivered 499,550 cars to customers last year, up 36% from 2019 and just a few hundred units below the half-million-unit target announced in early 2020.

In 2019, the American manufacturer delivered a total of 367,500 electric cars, 50% more than in 2018.

The world’s largest carmakers have suspended their factories in recent months or reduced vehicle production due to a shortage of semiconductors that continues to hit the industry hard.

According to Reuters, next week, Ford will stop production at the Flat Rock plant where the Mustang is manufactured. Ford will also stop production of the Transit next week, but the Kansas plant will continue production of F-150 trucks.

Also next week, the Ford truck plant in Kentucky will work one shift, compared to three normally.

According to a report published in September by the consulting firm AlixPartners, car manufacturers could record losses of about 210 billion dollars this year, due to disruptions in the supply chains, but also to the global semiconductor deficit, Reuters reports.

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