Tesla delivers record number of cars after price cuts

[Social Media]

 

Electric car company Tesla has delivered a record number of cars in the second quarter - as its strategy to lower prices paid off and US consumers took advantage of tax credits.

The carmaker beat market expectations and delivered 466,140 cars in the three months to the end of June, up 83.5% on a year ago and an increase of 10.4% on the first three months of the year.

It produced an even greater number of vehicles - 479,700 - exceeding its own ambitious targets of turning out an extra 50% of cars a year.

Analysts had expected the company headed by entrepreneur and Twitter owner Elon Musk, to deliver just 445,000 vehicles.

 

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[jcmj]

Well duh ???? if you drop the price, obviously you will have a better chance of selling it. Maybe he got the idea from Any business that has had a sale on their products and see their sales increase. Maybe he can print out some coupons as well ????????

[EastBayRay]

They seem to be selling well in Bangkok that’s for sure.