Monday, October 2, 2023

Tesla misses delivery estimates as factory upgrades curb production

Tesla reported lower-than-expected deliveries for the third quarter due to factory upgrades for the new Model 3. However, analysts believe the upgrades could lead to a rebound in the fourth quarter, allowing Tesla to compete better with rivals like Ford and BYD. The company plans to launch the updated Model 3 and a Cybertruck later this year.

from Auto-Industry-Economic Times https://ift.tt/NhqxkCt

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