Tesla reports 422,875 deliveries for first quarter of 2023
Publishing timestamp: 2023-04-02 12:16:27
Summary
Tesla reported a 36% increase in deliveries in Q1 2023 compared to the same period last year, with a total of 422,875 deliveries. The company did not break down the numbers by individual model or region. Tesla also reported production of 440,808 vehicles for the quarter, and noted that it is transitioning towards a more even regional mix of vehicle builds. The first quarter was marked by repeated price cuts by Tesla, sparking a "price war" in the EV market. Tesla shares rose more than 60% in the first quarter.
Sentiment: NEUTRAL
Keywords: breaking news: technology, business, autos, venture capital, business news, breaking news, elon musk, technology, tesla inc,
Source: https://www.cnbc.com/2023/04/02/tesla-tsla-q1-2023-vehicle-delivery-and-production-numbers.html