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Tesla EV deliveries fall 18% due to China lockdowns, supply woes (Ld)

July 4, 2022
Source: weeklyvoice.com weeklyvoice.com
News Snapshot:
San Francisco, July 3 (IANS) Elon Musk-run Tesla has been hit by about 18 per cent drop in EV deliveries in the second quarter (Q2) this year amid supply chain woes and China lockdowns. Tesla delivered 2,54,695 electric vehicles globally in the April-June period, 18 per cent decrease from Q1. This is the first time in two years that Tesla deliveries, which were 3,10,048 in the first period this year, have fallen quarter over quarter. Tesla had shut down its Shanghai factory several times owing to Covid-lockdowns that hampered its production. The company admitted that it produced 2,58,580 EVs —...
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Tags: autopilot | California | China | Covid-19 | electric vehicle | Elon Musk | EV | factory | finance | financial | IT | manufacturing | Office | production | San Francisco | Shanghai | supply chain | technology | Tesla | vehicle

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