Tesla has unveiled its EV supply and manufacturing figures for 2023, and the corporate had one other banner 12 months — nevertheless it has Chinese language rival BYD shut behind. Elon Musk’s firm produced 1.846 million EVs final 12 months and delivered 1.809 million, besting 2022 deliveries by a large 38 %. These figures embody 494,989 EVs produced final quarter and 484,507 delivered.
Tesla’s initially projected it might promote 2 million autos in 2023, however revised that determine downward in its October 2023 earnings name. It did exceed analyst expectations for This fall 2023, although, in accordance with CNBC.
Tesla constructed 476,777 Mannequin 3 and Mannequin Y EVs final quarter and delivered 461,538 of them. These embody gross sales of the refreshed “Highland” Model 3. Whereas Elon Musk predicted final quarter that the Mannequin Y would turn out to be “the bestselling automobile on Earth,” the corporate did not break down gross sales between its two hottest fashions. The corporate offered 18,212 “different fashions” consisting of Mannequin S and Mannequin X EVs. There aren’t any gross sales figures but for the Cybertruck.
Tesla has battled some unfavorable press with its EV lineup, significantly round its Autopilot system, which has seen regulatory scrutiny within the US and different international locations. EV gross sales little doubt acquired a lift from a number of worth drops during the last 12 months as nicely, with the Mannequin 3 and Mannequin Y most recently dropping to $38,990 and $45,990, respectively. Tesla chalked up the worth drops to “financial uncertainty, larger rates of interest, and shifting client sentiment” in its October earnings name.
Certainly one of Tesla’s largest markets is China, however the firm is dealing with stiff competitors there from one other EV big, BYD. That firm announced sales of three.02 million electrified autos in 2023, together with 1.6 million have been totally electrical automobiles and 1.4 million hybrids. Most of BYD’s EVs promote at considerably cheaper price factors that Tesla’s automobiles, nonetheless.
This text initially appeared on Engadget at https://www.engadget.com/tesla-says-it-delivered-a-record-18-million-evs-in-2023-082906995.html?src=rss
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