Tesla Quarterly Sales Fall as Battery Supply Crimps Output
- Carmaker still hits first-half sales goal as Model 3 nears
- Elon Musk’s auto company delivers 22,000 vehicles in quarter
Tesla's Ambitious Model 3 Production Plans
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Tesla Inc. delivered just enough vehicles in the second quarter to meet its first-half sales guidance, with production slowed by a temporary shortage of battery packs.
The maker of electric cars and energy-storage devices shipped more than 22,000 cars and SUVs in the period, compared to a record 25,051 vehicles in the first quarter, according to a company statement. With the results released Monday, Tesla’s first-half sales were at the lower end of its prediction of 47,000 to 50,000 units.