Tesla sold 384,122 cars in Q2 2023, a 13% drop from the previous year, hurting the company's revenue.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
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.
Sources
Latest News
23:55
The US sanctions Russia’s second-largest bank / Washington accuses VTB Bank of helping Iran evade sanctions
23:24
Russia will temporarily halt gas supplies to Armenia for maintenance work, amid tensions between Moscow and Yerevan
23:14
Alexandru Nazare welcomes the decrease in inflation, but warns that Romania cannot afford to abandon fiscal adjustment
23:00
Hubble and James Webb have identified 27 new objects beyond Neptune’s orbit
22:58
Volodymyr Zelenskyy dismissed Prosecutor General Ruslan Kravchenko, who was accused of corruption
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
