Despite the chip crisis, Tesla sold a record number of cars in the third quarter of this year. Elon Musk’s company sold 241,300 cars during the period, which is 122,000 more than the previous quarter. News Engadget and Reuters.
Sales of carmakers other than Tesla have declined. However, despite selling so many cars, Tesla could not touch the number of cars sold by General Motors. GM has sold 4,46,997 vehicles in the last three months. However, the number of cars sold by GM is 33% less than the last year.
Despite the global chip crisis, Tesla is handling it differently. The company is also in a very advantageous position in the Chinese market. Tesla has recently started selling its popular car ‘Model Y’ in the European market. At the same time, the company is working hard on software for new cars.
But not everything is going well for Tesla. The company is under investigation by US regulators. The launch date of Roadstar and Cyber Truck has also been postponed.