In the second quarter of 2023, Tesla delivered 384,122 vehicles, reflecting a 13.5% decline from the same quarter in 2022. The company risks underperforming its total sales for 2024, marking a potential two-year decline in sales despite its previous goal of 50% annual growth. Q2 deliveries were slightly better than Q1, which was the worst quarter for deliveries in over two years. Production line shutdowns were cited for Q1 issues, but no similar disruptions occurred in Q2, raising concerns about Tesla's sales strategies.
Tesla delivered 384,122 vehicles in Q2 2023, a 13.5% drop from Q2 2022. This marks ongoing challenges for the company's sales growth.
This quarter was slightly improved from Q1, which was Tesla's worst quarter for deliveries in over two years, highlighting persistent sales struggles.
Musk cited production line shutdowns for the poor Q1 results but noted no similar changes impacted production in Q2, raising questions about sales strategies.
The upcoming financial report on July 23 will reveal the full impact of the quarter's performance, as Tesla faces potential sales underperformance.
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