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Tesla Inc.

Tesla Inc.111 posts

Tesla Inc. is a California-based company that builds electric cars, batteries and powertrains. It was founded in 2003 and initially financed by Martin Eberhard and Marc Tarpenning. Elon Musk became its chairman a year later and, in 2008, its CEO. The company produces the Model S, Model X and Model Y. It has stores in North America, Europe, Asia and Australia.

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3 Jul, 2023

Tesla delivers record number of cars after price cuts

Price changeSales Report0 Comments

Tesla says it delivered a record number of vehicles for the three months from April to June, delivering 466,140 vehicles, 80% higher than last year. The company says it lowered prices in markets including the US, UK and China to compete with rival manufacturers. The company is due to report its financial results for the second quarter on 19 July. Musk,

We’re not ‘starting a price war’, we’re just lowering prices to enable affordability at scale.

30 Sep, 2022

GM sales grow 74% YOY in Sept, Tesla sales grow 63%, Honda declines

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In its September estimates, TrueCar says that General Motors has grown its sales most in the past year, increasing 74.2%.. GM also had the largest number of sales, at 200,000 units. Tesla is in second place with sales growth of 63% compared to the same time last year. Honda is the fastest shrinking automaker in US sales, down -15.3%.