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Tesla says car deliveries in the second quarter of this year are “significantly below” 2023 levels

A major US car company $Tesla(TSLA.US)$ The best-selling Model Y has been made more attractive in terms of cost due to price cuts and low interest rates at the time of purchase. Tesla researcher Troy Teslaick believes the company is just trying to avoid another bad quarter.
The reason for these deals is not that Tesla is trying to break records, but about deliveries“Very bad quarter”This is because they want to avoid visiting again, Teslik said.
Mr. Teslique predicts that the number of cars delivered in the second quarter will exceed 400,000 units, but it is “significantly lower” than the 466,140 units announced by the company last year. “So it's not a very good number,” Tesrike said.
“2024 is expected to be Tesla's first year of declining annual deliveries,” he added.
Tesla says car deliveries in the second quarter of this year are “significantly below” 2023 levels
Price cuts and incentives
Earlier this month, Tesla introduced lower interest rates for people who buy Model Y by receiving loans from Tesla financial institutions or third-party financial institutions in the US. Customers who order any version of Model Y by May 31 will be charged an interest rate of 0.99 percent per annum for a loan period of 36 to 72 months.
Tesla cut the price of the Model 3 and Y by up to 6% in China last month. The company also cut the price of the Model S and X imported in the Chinese market by up to 22%.
Tesla's global deliveries fell 8.5% in the first quarter to just 386,810 units. The company had delivered 422,875 units in the first quarter of 2023.
Tesla Chief Executive Officer Elon Musk (CEO) stated in the company's financial results announcement for the first quarter made in April that contrary to Teslique's predictions, sales in 2024 will increase compared to 2023. The company delivered 1.8 million cars last year.
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