This spring, when the spread of the epidemic forced many enterprises to close down, the automotive industry was hit particularly hard. North American auto plants, which typically produce more than one million vehicles a month, produce less than 5000 vehicles a month.
While airlines and other industries continue to struggle, the auto industry has begun to recover. Last month, some big automakers reported that sales in the U.S. market were up year-on-year. If this growth continues for a year, the industry is expected to sell 16 million cars and trucks, up from the annual sales of 13 million cars and trucks in June.
It is reported that Tesla delivered 139300 electric vehicles in the third quarter, an increase of more than 50% compared with the second quarter. The second quarter epidemic forced Tesla and other automakers to close factories, and many consumers had no plans to buy cars.
Tesla also said it produced 145036 electric vehicles in the third quarter, up about 76% from the second quarter. Affected by the outbreak, Tesla was forced to close its factory in Fremont, California, from mid March to mid May. Fortunately, Tesla is able to rely on the newly built Shanghai Super factory to continue production.
While Tesla did well in the third quarter, other automakers also performed better than they did earlier this year. In the third quarter, total car sales fell about 11% year-on-year, but automakers reported that sales rose in September from a year earlier. Toyota said light vehicle sales rose 16% last month.
But its not clear how long the auto industrys recovery will last. Michelle Krebs, executive editor of Cox automotive, a market research firm, said credit is tightening for some low-income buyers and a surge in confirmed cases could weigh on the auto industry. The U.S. epidemic is not under control, and now the president and the first lady of the United States are infected with the virus again, which has aroused great concern of consumers.
For Tesla, record quarterly deliveries are just the latest in a series of achievements. In recent months, the companys share price has risen sharply, and it has become the worlds largest car company by market value.
However, despite the surge in deliveries, Tesla shares closed down about 7% on Friday amid concerns about whether the company could meet its target of selling 500000 cars this year. In the first nine months of this year, the company has delivered 318000 electric vehicles. To achieve that, more than 180000 cars need to be sold in the fourth quarter, which requires Tesla to set a new record.
But in the long run, Teslas ability to sell nearly half a million cars a year represents a major shift for the company. More than a year ago, Tesla was busy raising money to allay concerns that the company might run out of cash.
The minimum is 249900 yuan! Tesla domestic model 3 price reduction
Tesla Model 3 is down again.
On October 1, Tesla Chinas official website showed that the price of the model 3 standard endurance upgrade version made in China after subsidy was 249900 yuan, and that of the long range rear wheel drive version of the model 3 made in China was 309900 yuan.
Teslas last price hike was on May 1st this year. At that time, the price of the upgraded version of the model 3 standard made in China was reduced from 323800 yuan to 291800 yuan before subsidy. After enjoying the subsidy of 202500 new energy vehicles, the final purchase price of the upgraded version of the model 3 standard made in China was reduced to 2715500 yuan.
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