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Tesla surprises with better than expected car sales
Findit.lk
Tesla sales, hit by a significant slump earlier this year, may be showing signs of revival.
Elon Musk’s electric car-maker delivered nearly 444,000 vehicles in the three months ended June 30, up more than 14% from the prior quarter.
That was far more than most analysts had expected – though still down nearly 5% from the corresponding period in 2023.
Tesla has been navigating a slowdown in demand, as high borrowing costs weigh on buyers and competition increases.
July 8th 2024
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