KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Tuesday, January 25, 2022
© 2022 U-S-NEWS.COM
Online Readers: 333
New York: Tuesday, January 25, 2022
Online: 349
Donald Trump's new social media platform "TRUTH Social" Join the Waiting List - Click here
FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai

MONEY & BUSINESS: Tesla delivers record vehicles in Q4, beating estimates



FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song

January 2, 2022

(Reuters) -Tesla Inc reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages and as it ramped up China production.

This marks the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries.

Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far higher than analysts’ forecasts of 263,026 vehicles.

Tesla’s October-December deliveries were up about 70% from a year earlier and nearly 30% higher from record deliveries the preceding quarter.

Tesla ramped up production in China for domestic sales and exports to Europe and other countries even though competition rose and regulatory pressure mounted following consumer complaints over product safety.

Tesla said it sold a total of 296,850 Model 3 compact cars and Model Y sport-utility vehicles to customers in the fourth quarter.

It delivered a combined 11,750 Model S and Model X vehicles, an improvement from 9,275 in the third quarter. Analysts were expecting Tesla to deliver 12,879 Model S and Model X cars.

(Reporting by Hyunjoo Jin, Nivedita Balu and Sneha Bhowmik in Bengaluru; Editing by Daniel Wallis and Mark Porter)





Source link

(Visited 1 times, 1 visits today)
KNOWLEDGE is POWER / REAL NEWS is KEY
Woke & Liberal News is Fake News
You will find it on:
CNN - CBS - MSNBC - ABC - The New York Times - The Washington Post - Facebook - Twitter and more
They ALL SUCKS and simply DO NOT tell you the truth PERIOD

WARNING! If you usually get your news from one of these so-called "News Services" Welcome to you, but be prepared for big surprises!
eg. 2+2 is not 5 or 22 but 4 - There is not 57 different genders, only 2
KNOWLEDGE is POWER / REAL NEWS is KEY
Help your friends, family and the truth by sharing this page and articles.
Amen and a-women

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vcnVtYmxlLmNvbS9lbWJlZC92cGVmZ24vP3B1Yj00Ij48L2lmcmFtZT4=
WATCH THIS!

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC9KcWlBWFdWUEFLcGYvIj48L2lmcmFtZT4=
THIS IS IT!!!