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« on: January 06, 2024, 04:05:04 pm »

Tesla says it delivered a record 1.8 million EVs in 2023

<p>Tesla has <a data-i13n="cpos:1;pos:1" href="https://ir.tesla.com/press-release/tesla-vehicle-production-deliveries-and-date-financial-results-webcast-fourth-quarter-2023">unveiled[/url] its EV delivery and production figures for 2023, and the company had another banner year — but it has Chinese rival BYD close behind. Elon Musk's company produced 1.846 million EVs last year and delivered 1.809 million, besting <a data-i13n="cpos:2;pos:1" href="https://www.engadget.com/tesla-delivers-record-405278-vehicles-during-q4-2022-203616206.html">2022 deliveries[/url] by a wide 38 percent. Those figures include 494,989 EVs produced last quarter and 484,507 delivered.</p>
<p>Tesla's originally projected it would sell 2 million vehicles in 2023, but revised that figure downward in its October 2023 earnings call. It did exceed analyst expectations for Q4 2023, though, according to <a data-i13n="elm:affiliate_link;sellerN:CNBC;elmt:;cpos:3;pos:1" href="https://shopping.yahoo.com/rdlw?merchantId=34e37b9c-8975-48da-aa39-df8bcd5badc3&amp;siteId=us-engadget&amp;pageId=1p-autolink&amp;featureId=text-link&amp;merchantName=CNBC&amp;custData=eyJzb3VyY2VOYW1lIjoiV2ViLURlc2t0b3AtVmVyaXpvbiIsImxhbmRpbmdVcmwiOiJodHRwczovL3d3dy5jbmJjLmNvbS8yMDI0LzAxLzAyL3Rlc2xhLXRzbGEtcTQtMjAyMy12ZWhpY2xlLWRlbGl2ZXJ5LWFuZC1wcm9kdWN0aW9uLW51bWJlcnMuaHRtbCIsImNvbnRlbnRVdWlkIjoiM2NmMGViZjItZDliZS00YWJhLTljZTYtOWQ3ZTJmOTIyN2U2In0&amp;signature=AQAAAax4u6fbK-j1_DRM-je9RUkYf5ffgA8uN_ZBiZDIvvzO&amp;gcReferrer=https%3A%2F%2Fwww.cnbc.com%2F2024%2F01%2F02%2Ftesla-tsla-q4-2023-vehicle-delivery-and-production-numbers.html" class="rapid-with-clickid" data-original-link="https://www.cnbc.com/2024/01/02/tesla-tsla-q4-2023-vehicle-delivery-and-production-numbers.html">CNBC[/url].&nbsp;</p>
<span id="end-legacy-contents"></span><p>Tesla built 476,777 Model 3 and Model Y EVs last quarter and delivered 461,538 of them. Those include sales of the refreshed <a data-i13n="cpos:4;pos:1" href="https://www.engadget.com/tesla-delivers-record-405278-vehicles-during-q4-2022-203616206.html">"Highland" Model 3[/url]. While Elon Musk predicted last quarter that the Model Y would become "the bestselling car on Earth," the company didn't break down sales between its two most popular models. The company sold 18,212 "other models" consisting of Model S and Model X EVs. There are no sales figures yet for the Cybertruck.&nbsp;</p>
<p>Tesla has battled some negative press with its EV lineup, particularly around its Autopilot system, which has seen <a data-i13n="cpos:5;pos:1" href="https://www.engadget.com/justice-department-tesla-autopilot-full-self-driving-subpoena-165637940.html">regulatory scrutiny[/url] in the US and other countries. EV sales no doubt received a boost from several price drops over the last year as well, with the Model 3 and Model Y most <a data-i13n="cpos:6;pos:1" href="https://www.engadget.com/tesla-cuts-prices-on-model-3-and-y-after-dwindling-deliveries-200844132.html">recently dropping[/url] to $38,990 and $45,990, respectively.  Tesla chalked up the price drops to "economic uncertainty, higher interest rates, and shifting consumer sentiment" in its October earnings call.&nbsp;</p>
<p>One of Tesla's biggest markets is China, but the company is facing stiff competition there from another EV giant, BYD. That company <a data-i13n="elm:affiliate_link;sellerN:CNBC;elmt:;cpos:7;pos:1" href="https://shopping.yahoo.com/rdlw?merchantId=34e37b9c-8975-48da-aa39-df8bcd5badc3&amp;siteId=us-engadget&amp;pageId=1p-autolink&amp;featureId=text-link&amp;merchantName=CNBC&amp;custData=eyJzb3VyY2VOYW1lIjoiV2ViLURlc2t0b3AtVmVyaXpvbiIsImxhbmRpbmdVcmwiOiJodHRwczovL3d3dy5jbmJjLmNvbS8yMDI0LzAxLzAyL2J5ZC1wcm9kdWNlZC1tb3JlLXRoYW4tMy1taWxsaW9uLWNhcnMtaW4tMjAyMy1zZXQtdG8tYmVhdC10ZXNsYS5odG1sIiwiY29udGVudFV1aWQiOiIzY2YwZWJmMi1kOWJlLTRhYmEtOWNlNi05ZDdlMmY5MjI3ZTYifQ&amp;signature=AQAAAdNyIRnzW76-rn-gL-nFL4BG4DxNT1xnckbIInZ6clsf&amp;gcReferrer=https%3A%2F%2Fwww.cnbc.com%2F2024%2F01%2F02%2Fbyd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html" class="rapid-with-clickid" data-original-link="https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html">announced sales[/url] of 3.02 million electrified vehicles in 2023, including 1.6 million were fully electric cars and 1.4 million hybrids. Most of BYD's EVs sell at significantly lower price points that Tesla's cars, however.&nbsp;</p>This article originally appeared on Engadget at https://www.engadget.com/tesla-says-it-delivered-a-record-18-million-evs-in-2023-082906995.html?src=rss

Source: Tesla says it delivered a record 1.8 million EVs in 2023
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