Tesla built more cars than it could sell in Q1 2023
by Jonathan M. Gitlin from Ars Technica - All content on (#6AED5)
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Sales of new Tesla electric vehicles rose for the first quarter of 2023, according to sales and production figures released by the EV maker on Sunday. For the three months between the start of the year and the end of March, Tesla delivered 422,875 EVs; in 2022, they managed 310,048 deliveries during Q1.
That represents a 36 percent increase year on year for the EV company and a 4 percent increase from Q4 2022.
As expected, the vast majority of its sales were split between the Models 3 and Y-Tesla does not break out details any further, nor does it report by regions. In Q1 2023, it delivered 412,180 Models 3 and Y, 5 percent of which were leased.