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Tesla’s first quarterly sales gain this year comes up short

Kara Carlson and Dana Hull

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Tesla posted its first increase in quarterly vehicle sales this year, though the automaker let down investors expecting more of a bump from China boosting electric car subsidies.

The Elon Musk-led company handed over 462,890 vehicles to customers in the past three months, up 6.4 per cent from a year ago. Deliveries came up shy of the roughly 463,900 units expected among analysts tracked by Bloomberg.

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    Original URL: https://www.afr.com/companies/transport/tesla-s-first-quarterly-sales-gain-this-year-comes-up-short-20241003-p5kfha