Connect with us

Hi, what are you looking for?

Assets Under ControlAssets Under Control

Tech News

Tesla’s sales are finally picking up

Photo by Mario Tama / Getty Images

After two straight quarters of declines, Tesla’s vehicle sales are finally on the upswing.

Tesla reported producing 469,796 vehicles over the three-month period that ended in September, a 9.1 percent increase compared to the third quarter of 2023. The company also reported delivering 462,890 vehicles to customers during Q3 of 2024, a 6.3 percent jump from Q2 2023.

It was also a measured improvement over the previous quarter’s numbers. Production was up 14.4 percent as compared to the second quarter of 2024, while delivery increased 5.8 percent. Tesla is making and selling more vehicles than it was earlier this year.

That’s not to say the company doesn’t have challenges ahead. Overall EV sales are still growing slower than they were…

Continue reading…

You May Also Like

Editor's Pick

Jennifer J. Schulp and Jack Solowey What do Yankees tickets and Pokémon cards have in common? If you guessed wish list items for elementary...

Editor's Pick

Eric Gomez and Benjamin Giltner There were multiple developments in US security assistance to Taiwan in September 2024, but the size of the arms...

Editor's Pick

James A. Dorn In her recent article in Business Insider, Linette Lopez, a graduate of the School of Journalism at Columbia University, argues that China’s...

Editor's Pick

In this StockCharts TV video, Mary Ellen highlights the continuation rally in AI-related stocks while also reviewing broader market conditions. The move higher in yields...

Generated by Feedzy