Tesla sales rise despite problems with chips and China
CNN
Tesla managed to sell more than 200,000 vehicles last quarter, even as the company faced rising prices, a PR disaster in China and a shortage of computer chips.
The company also managed to build more than 200,000 cars over the past three months despite those enormous headwinds. The increase in the number of vehicles produced and sold more than doubled the number from a year ago, when the pandemic caused Tesla to shut its factories. But orders and deliveries were also up modestly from the first quarter of this year, similar what was reported Thursday by other automakers. Deliveries came in at 201,250, compared to about 91,000 a year ago and 184,800 in the first quarter. The entire auto industry has been struggling with the chip shortage. In April Tesla CEO Elon Musk called the shortage a "huge problem" for Tesla.More Related News
Tulsi Gabbard, Donald Trump’s pick to lead the intelligence community, was briefly placed on a Transportation Security Administration list that prompts additional security screening before flights after her overseas travel patterns and foreign connections triggered a government algorithm earlier this year, three sources familiar with the matter told CNN.