automobile market

Latest news and articles about automobile market from NEX English

Tesla Sales Increase by 6% Despite Excess Production Issues

Tesla has announced a 6% increase in sales during the first quarter of the year, managing to produce an additional 50,000 vehicles that remain unsold. This increase raises questions about the company's production and distribution strategies amidst growing competition in the electric vehicle market.

Tesla Reports Worst Quarterly Sales in Years with 358,023 Deliveries

Tesla announced the delivery of <strong>358,023 vehicles</strong> in the first quarter of 2023, falling short of Wall Street expectations. This marks one of the company's worst sales periods in recent years.