Tesla rolled out a record number of cars in the first quarter of the year following Elon Musk’s decision to cut prices of his electric vehicles.
The electric car manufacturer delivered 422,875 vehicles in the first three months of 2023, up 4 per cent on the previous quarter. Tesla also produced a record 441,000 cars in the period, the company announced on Sunday.
Musk, Tesla’s chief executive, dropped prices for the company’s range of vehicles by as much as 9 per cent last month, aiming to bolster sales in a harsher economic climate and see off competition from established carmakers and electric vehicle companies including Rivian and Polestar.
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