Electric automotive giant, Tesla recorded delivery of over 184,000 vehicles globally. The lion’s share of the global demand was backed by China. This led to the revenue of $ 10.39 Billion, exceeding the projected figures of $10.29 Billion.
Owned by the famed billionaire, Elon Musk, Tesla was able to achieve this by navigating through the global supply shortage, faced by a number of major automotive giants, by transitioning to new microcontrollers, paving the way for smooth operations.
Tesla also stated that the first deliveries of the new Model S should start in short order, while the Model Y’s output continues to grow in the Shanghai facilities.
