EVs
Tesla Delivers Record Number of Cars in ‘Difficult’ Quarter
- Supply chain interruptions, China pandemic posed challenges
- Deliveries “better than feared,” Wedbush analysts say
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Tesla Inc. delivered a record 310,048 cars worldwide in what Elon Musk said was an “exceptionally” difficult first quarter, as a growing tide of consumers made the switch to electric vehicles.
The results, posted Saturday, slightly edged out expectations. Analysts had expected that 309,158 vehicles would be shipped, based on the average of estimates compiled by Bloomberg.