Tesla Delivers Record Vehicles in Q1; production falls as China shutdown weighs


Source: uktimenews.com uktimenews.com

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: Tesla Inc announced record first-quarter electric vehicle deliveries on Saturday, but its production fell from the previous quarter due to supply chain disruptions and the suspension of a factory in China. “This was an *unusually* challenging quarter due to supply chain disruptions and China’s zero Covid policy,” CEO Elon Musk tweeted. Tesla delivered 310,048 vehicles during the quarter, a slight increase from the previous quarter and a 68% increase over the prior year. Wall Street expected deliveries of 308,836 cars, according to Refinitiv data. Tesla produced 305,407 vehicles in the January-March period, compared to 305,840 the previous quarter. Tesla,...