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https://www.nytimes.com/2021/04/02/business/tesla-auto-sales.html

Tesla delivered 185,000 cars in the first quarter, twice as many as a year ago.

2021-04-02 00:00:00, Neal E. Boudette, The New York Times

Content Categorization
/Autos & Vehicles/Motor Vehicles (By Type)/Hybrid & Alternative Vehicles

Word Count:
396

Words/Sentence:
21

Reading Time:
1.98 min

Reading Quality:
Intermediate

Readability:
9th or 10th

Media Sentiment
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RCS Analysis
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Risk Score
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PESTEL Scope
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Entity Word Cloud
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Business|Tesla delivered 185,000 cars in the first quarter, twice as many as a year ago.https://www.nytimes.com/2021/04/02/business/tesla-auto-sales.htmlCredit…

Tingshu Wang/ReutersTesla said on Friday that it more than doubled the number of cars it delivered in the first quarter, bouncing back after the pandemic slowed sales in the same period a year ago.

The company said in a statement that it was "in the early stages of ramping production" of the new models, which generate much more profit than the Model 3 and Model Y.The first-quarter sales numbers could lift Tesla shares, which have lost more than a quarter of their value since January when they hit a high of about $900.

Tesla does not break out its sales by region and a lot of its recent growth has been in China, where electric cars make up a much larger share of the auto market than in the United States.

Tesla has halted production of the Model S and Model X while preparing its plant in Fremont, Calif., to build updated versions of the cars.

Keywords
Tesla, Cars, Company Reports, Earnings Reports, Electric Cars and Hybrids

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