Tesla Sees Unprecedented Surge in China Shipments Driven by EV Subsidy Support
2 months ago
In a remarkable turnaround, Tesla has reported a record quarter for vehicle shipments in China, capitalizing on a new wave of electric vehicle (EV) subsidies that are being offered by the Chinese government. The American electric car manufacturer managed to deliver an impressive 218,000 vehicles in the third quarter of 2024, marking a staggering 41% increase compared to the preceding quarter, and almost a 61% rise year-over-year.
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Tesla Achieves First Quarter of Vehicle Sales Growth in 2024
3 months ago
In what can be termed a milestone in the electric car line of sales, Tesla Inc. has posted its first quarterly increase in car sales for the year 2024. In a dire, worsening market situation that is seeing increased competition and economic concerns, this news is considered big for the company.
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