Tesla's factories in China have managed to boost production even amid supply chain challenges
in the third quarter of this year as production and demand in China held up well.
Tesla acknowledged"global supply chain and logistic challenges" in its press release yesterday. But the carmaker still managed to boost production in the third quarter, delivering 241,300 vehicles globally, a rise of 73% on-year.said at its quarterly earnings release yesterday."Production has ramped well in China, and we are driving improvements to increase the production rate further.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla quarter may hinge on China factory, supply chain costsInvestors will be closely watching Tesla's quarterly results on Wednesday for indications of its performance in China, where the electric carmaker has posted robust sales in the face of negative publicity and a host of new domestic competitors.
Read more »
Tesla set to report third-quarter results after the bellTesla's deliveries rose during the quarter, setting a new company record, despite chip shortages and supply chain challenges weighing on the industry.
Read more »
Tesla posts record revenue and profits in third quarterTesla reported earnings after the bell. Here are the results.
Read more »
Tesla Posts Record Quarterly Earnings on Supply-Chain ResilienceElon Musk’s electric-vehicle maker notches a third consecutive record profit, thanks in part to its ability to navigate persistent global supply-chain disruptions.
Read more »
Tesla shakes off supply chain issues to post record profit, againTesla reported record earnings that blew past Wall Street forecasts, as the company was able to shake off the effects of a shortage of computer chips and other raw materials that has dogged the auto industry in recent months.
Read more »
Tesla Poised for Record Quarterly Earnings on Supply-Chain ResilienceTesla is expected to notch a third consecutive quarterly profit, thanks in part to the electric-vehicle maker’s ability to navigate global supply-chain disruptions
Read more »