Tesla’s Global Sales Fall For 2Nd Straight Quarter Despite Price Cuts, Financing Offers: Explained

Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall.
The Austin, Texas-based company said Tuesday that it sold 443,956 vehicles from April through June, down 4.8% from 466,140 sold the same period a year ago. But the sales were better than the 436,000 that analysts had expected.
Demand for EVs worldwide is slowing, but they're still growing for most automakers. Tesla, with an aging model lineup and relatively high average selling prices, has struggled more than other manufacturers. Still, it retained the title of the world's top-selling electric vehicle maker.
#tesla #elonmusk #teslastock #teslanews
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India's leading English News Channel. India Today KZbin channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
WhatsApp Channel: whatsapp.com/channel/0029Va2A...
Download App: indiatoday.link/wHaj
Follow us: Official website: www.indiatoday.in/
Twitter: / indiatoday
Facebook: / indiatoday