Car industry Tesla with smaller drop in sales than expected
The world's most valuable car manufacturer is doing better than expected: the US company Tesla has stemmed the decline in sales more than expected in the second quarter.
02.07.2024, 16:15
SDA
In the three months to the end of June, the Americans delivered 443,956 vehicles. This is almost five percent less than a year earlier, as Tesla announced in Austin on Tuesday.
On average, analysts had expected slightly lower sales figures. The share price rose in pre-market US trading. The stock had already risen significantly at the start of the week.
According to its own figures, Tesla only produced around 411,000 cars in the quarter. In the recent past, Elon Musk's company has often produced more than it sold in an unexpectedly weak car market.
As a result, Tesla granted high discounts in order to get rid of the cars. As a result, the electric car pioneer caused a lot of upset in the industry because other manufacturers had to follow suit. Tesla plans to present its financial results for the second quarter on July 23.
