Electric vehicle manufacturer Tesla hit a milestone on Sunday (2) with record global shipments. The impetus for these exceptional results came from price cuts and discounts that beat Wall Street’s forecasts.

In the second quarter of this year, Tesla delivered an impressive 466,140 vehicles, surpassing its own record set in the first quarter (422,875 deliveries) and the record set in the fourth quarter of last year (405,278 deliveries). According to FactSet, a well-known provider of financial market data, that number far exceeded second-quarter estimates, which hovered around 445,000.

Of that total, the Model 3 and Y accounted for 446,915 deliveries in the second quarter, while the Model S and X increased shipments to 19,225 vehicles.

Another unexpected figure was Tesla production, which reached 479,700 vehicles in the same period. This mark is all the more impressive given that the company deliberately cut production by operating below maximum capacity.

Tesla’s price cuts and discounts have been a critical factor in boosting demand for its electric vehicles. This strategy is attracting more and more consumers, thanks to which Tesla is gaining a significant place in the global automotive market.

High performance shows the strength of Tesla

Tesla’s strong performance in the second quarter reflects its continued commitment to innovation and leadership in the electric vehicle industry. The company has become a pioneer in the field of electric vehicles and has built a loyal customer base around the world.

Tesla continues to play a key role in transforming the automotive market by driving the adoption of electric vehicles and demonstrating that it is possible to combine exceptional performance with environmental sustainability.

With these impressive results, Tesla strengthens its position as one of the world’s leading electric vehicle manufacturers, gaining investor confidence and proving that sustainable mobility is an ever closer reality.

Importantly, Tesla still faces tough competition in the electric vehicle industry and the constant need to expand its charging infrastructure around the world. However, its success in the second quarter of 2023 is an encouraging sign that the company is on the right track to achieve its goals and remains a benchmark in the automotive industry.

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Source: CNN

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