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

No comments:

Post a Comment

Car sales lose pace in June, SUVs stay in front

Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent...