Palo Alto (USA) Sales of the American electric car manufacturer Tesla more than doubled year-on-year to a record 184,800 cars in the first quarter of this year. It thus exceeded analysts’ expectations. This follows from Friday’s press release of the company, which is headed by businessman Elon Musk.
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Tesla recently began supplying customers in China with its Model Y Sport Utility Vehicle (SUV), which it manufactures at its factory in Shanghai. “We were encouraged by the good acceptance of the Model Y in China,” the carmaker said in a press release. According to a survey by Refinitiv, analysts expected Tesla to deliver 177,822 cars to customers in the first quarter.
Tesla is benefiting from strong demand for its electric cars, but recently, like other car manufacturers, it has recently struggled with a global shortage of chips. In the first quarter, however, it increased production to 180,338 cars from 179,757 cars in the last three months of last year.
Tesla is now by far the most valuable car company in the world. The volume of its production is only a fraction compared to the production of leading traditional cars, such as the German concern Volkswagen, Reuters reported.
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