Tesla gross sales proceed to surge within the face of chip shortages

Terrence O'Brien

Within the third quarter of 2021 Tesla bought 241,300 automobiles. That is 102,000 greater than the identical time interval final 12 months. Certain, that is solely barely greater than half of the 446,997 automobiles that GM bought within the final three months. However, that quantity represents a steep 33-percent decline year-over-year for GM. And (if my math is appropriate) would imply that it bought extra automobiles than Subaru globally over the past three months.

That Tesla has surged whereas different automakers are struggling is not an enormous shock when you begin digging into the small print, although. Whereas different producers have felt the brunt of the worldwide chip scarcity Tesla has begun sourcing completely different silicon, in response to The Verge, and rewriting its software program to work with these new elements. 

Moreover the corporate solely not too long ago started promoting its in style Mannequin Y in Europe and it is nonetheless comparatively new to the Chinese language market as effectively, giving it loads of room for progress.

In fact, issues aren’t all rosy for Tesla. The corporate remains to be dealing with investigation by the Nationwide Transportation Security Board right here within the US. And it is solely a few month faraway from a huge recall of almost 300,000 automobiles in China. To not point out each its Roadster, Cybertruck and electrical semi-truck are dealing with extended delays. 

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