Tesla sales continue to surge in the face of chip shortages

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In the third quarter of 2021 Tesla sold 241,300 cars. That’s 102,000 greater than the similar time interval final year. Sure, that is solely barely greater than half of the 446,997 cars that GM sold in the final three months. But, that quantity represents a steep 33-percent decline year-over-year for GM. And (if my math is correct) would imply that it offered extra automobiles than Subaru globally over the final three months.

That Tesla has surged whereas different automakers are struggling is not an enormous shock when you begin digging into the particulars, although. While different producers have felt the brunt of the international chip scarcity Tesla has begun sourcing completely different silicon, in accordance to The Verge, and rewriting its software to work with these new elements. 

Additionally the company solely just lately started promoting its in style Model Y in Europe and it is nonetheless comparatively new to the Chinese market as properly, giving it a lot of room for progress.

Of course, issues aren’t all rosy for Tesla. The company continues to be dealing with investigation by the National Transportation Safety Board right here in the US. And it is solely a pair of month faraway from an enormous recall of almost 300,000 automobiles in China. Not to point out each its Roadster, Cybertruck and electrical semi-truck are dealing with extended delays. 

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