A 36 percent year-over-year increase.
News of the deliveries comes after a turbulent time for Tesla’s share price, which dropped from over $360 a share last April to a low of around $113 at the beginning of 2023 .
Challenges include the risk of flagging demand due to economic uncertainty, increased competition from legacy automakers, and an aging lineup of consumer vehicles that’s remained mostly static since theOn the supply side, however, Tesla has been ramping up production. Figures from the China Passenger Car Association
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