Tesla being the most reputed company has set another record. As the company has delivered 95,200 vehicles between the month of April and June. It has set the record for vehicles deliveries just in few months.
Second-quarter delivery went under acute research as the number of deliveries fell 31% for the electric-car maker’s between fourth quarter in the year 2018 and the first quarter of this year. The issues were noticed by Tesla. Though the company blamed the delivery logistics and also seasonal demand for the issues and decrease delivery of vehicles. But according to the reports, an argument arose against the company as the company had projected regarding more deliveries.
According to the new delivery record, the demand for Model 3 is still in the race. As the second quarter deliveries shared 81% of Model 3 deliveries.
Investors feared everyone that wanted an EV had already bought one and deliveries would continue to fall, the statement made by Gene Munster, a managing partner at Loup Ventures. The was released on Thursday.
As the record of delivery has come with many questions for Tesla. But the answers are to be given by the company after the release of second-quarter earnings.
Tesla has reduced the price of its Model X SUV and the Model S sedan. As there is Autopilot feature in it which cost around $3,000 while making the Model S sedan and Model X SUV.
Tesla had raised $2.7 billion in the month of May. The company’s ability to gain consistency in making profits will be challenging as it has made a move on expensive projects.
Shanghai will lower the costs to China, by introducing the Model Y SUV and a pickup truck in the next coming years.