Tesla’s vehicle deliveries fell for the second consecutive quarter, with 384,122 cars delivered, below analyst forecasts and a 13% decline from last year, amid rising competition from BYD and European automakers, as well as a consumer backlash due to Elon Musk’s political activism. In contrast, BYD saw a 42% increase in deliveries, reaching 606,993 vehicles, while Tesla aims to stimulate demand with an upgraded Model Y and the upcoming robotaxi service.
Explain It To Me Like I’m 5: Tesla sold fewer cars for the second time in a row because people want different cars from other companies, and they are not happy with some of the things Elon Musk has said.
Want More Context? 🔎