Tesla sold 384,122 cars in Q2 2023, a 13% drop from the previous year, hurting the company's revenue.
Raluca Ioana Draghici
Economy
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Tesla sales continued to decline, with 384,122 cars delivered in the second quarter, a 13% drop compared to last year. That translates to a revenue loss of more than $2 billion. Production was 410,244 units, but demand didn't justify that amount, leaving inventories of 50,000 vehicles. In the first six months, deliveries fell by more than 110,000 units, generating a $4 billion loss. The declines were particularly visible in Europe and the US.
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