Tesla’s Q2 Vehicle Deliveries Surpass Expectations
Tesla (NASDAQ: TSLA) reported that it delivered 480,126 vehicles in the second quarter of 2023, exceeding analyst expectations of 406,000 deliveries and up from 384,000 in the same period last year. This performance was largely attributed to a 40% increase in deliveries in Europe, as forecasted by Deutsche Bank, though U.S. deliveries saw a significant decline of 20%, according to Cox Automotive.
Following the Fourth of July weekend, Tesla launched its robotaxi services in a limited area of Miami, although major regions like downtown Miami and the airport are excluded. Safety concerns persist, as the National Highway Traffic Safety Administration noted that Tesla’s robotaxis have experienced crashes at a rate nearly four times greater than human drivers, contributing to slower expansion and operational challenges.
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