Published 4 months ago

Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected

Summary by The Dispatch

DETROIT — 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, 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. The better-tha…

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Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected

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