Tesla vehicles sales up 36% in first quarter after price cuts

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Elon Musk has previously said that affordability is the 'limiting factor' for many would-be Tesla owners.

Tesla saw its sales rise by 36% in the first financial quarter, after two price cuts aimed at boosting demand.

The electric car, SUV and heavy truck manufacturer said it delivered 422,875 vehicles worldwide between January and March - up from just over 310,000 a year ago. Over the same period it produced 44,808 vehicles - more than it sold - after increasing production at new factories near Austin , Berlin and Shanghai.

Some 412,180 Model Ys and Model 3s were sold in the quarter - up almost 40% from the 295,324 sold a year ago.Tesla cut prices worldwide by as much as 20% in January, and made some further cuts in March. The 36% rise in vehicle sales falls short of the company's promise to increase deliveries by about 50% per year for the foreseeable future.

 

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So much for the 'liberals' boycotts then.

Absolute Bargain

Still out of my price range 🙄

In Elon we trust!

I would have one if had the money one day if I have peace to make it lol

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