Despite supply chain issues, Tesla claims to have delivered a record number of cars in the first quarter.
In the first three months of this year, the electric carmaker claims to have delivered more than 310,000 automobiles. That was about 70% greater than the same period the previous year.
Despite a “very challenging quarter,” including severe coronavirus laws in China, where Tesla operates a so-called “Giga factory,” CEO Elon Musk claims the company has improved.
According to numbers revealed over the weekend, Tesla delivered 310,048 cars from the beginning of this year to the end of March, up from 184,800 a year ago.
Mr. Musk tweeted, “This was an exceptionally difficult quarter due to supply chain interruptions and China zero Covid policy.”
Tesla’s Model 3 sedan and Model Y sedans accounted for the majority of deliveries.
Mr. Musk previously stated that the Model Y, which was released in 2019, was part of Tesla’s strategy to expand its market. It offers a greater range per charge than the Model 3, which was released two years ago.
On April 20, the world’s most valuable carmaker will announce its entire financial results for the time.
Tesla Giga Factory
In Shanghai, Tesla has a ‘Giga factory,’ which is a high-volume car manufacturing facility that also produces lithium-ion batteries that power the vehicles. It was apparently in lockdown due to a spike in coronavirus infections in the city.
According to rumors citing an internal document, Tesla did not resume production at the plant on Monday as planned. Despite supply chain issues, Mr. Musk predicted that Tesla would increase by more than 50% this year in January. Last year, the company made a record profit of $5.5 billion (£4.2 billion).
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