Tesla breaks Q2 2023 global EV delivery record, driven by price cuts and tax credits

  • Tesla’s Q2 global delivery records set at 466,140, up by both 10% quarter-on-quarter and 83% year-on-year.
  • Model 3 and Y vehicles made up the bulk of deliveries with Tesla’s price cuts and Biden’s EV tax credits boosting sales.
  • Investors eye impact of price cuts on margins post 24% net income drop in Q1; Q2 earnings to be released on July 19.
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