The nearly half a million shipments represented an 83% increase over the same period last year and a 10% increase over the previous quarter.
Analysts had been waiting for shipments to come in below 450,000.
electric car region built 479,700 vehicles – up 85% from the second quarter of 2022
By this method, Tesla's total production so far this year is 920,508 vehicles, on track to meet its goal of 1.8 million vehicles in 2023 and exceeding industry watchers' hopes.
"The price cuts introduced at the start of 2023 have paid huge dividends for Musk and Co., as demand appears to remain quite strong and production success has allowed for general supply," analysts at Wedbush Securities wrote in a note to clients.
As competition in the electric vehicle industry intensifies, Tesla has made several price cuts in the United States, Europe and Asia.
This allowed it to cope with the decline in demand in China.
"We took the view that going bigger and bigger fleet was the right choice here versus smaller size and higher margin," Chief Executive Elon Musk said during an April earnings call. for the first quarter.
In the United States, Tesla also took advantage of its expanded eligibility for the state's $7,500 tax credit strategy for electric car buyers, part of President Joe Biden's environmental policy.
Until recently, buyers of Tesla's cheapest offering, the Model 3, were only entitled to half of the tax credit because some elements of the car were not produced in North America./BGNES
Source: bgnes.bg
