Tesla sales top Wall Street estimates for the first quarter despite supply chain struggles

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Tesla sales top Wall Street estimates for the first quarter despite supply chain snarls

. Consensus on Tuesday stood at 173,800 units for the quarter.

The carmaker faced major headwinds in the first quarter including a global shortage of semiconductors that has kneecapped auto manufacturing worldwide,The CEO of a top battery startup shares what he learned about business from joining Tesla as employee number 7 "Specifically for Q1, our volumes will have the benefit of early Model Y ramp in Shanghai," Kirkhorn said on a conference call."However, S and X production will be low due to the transition to the newly architected products. Additionally, we're working extremely hard to manage through the global semiconductor shortage as well as port capacity, which may have a temporary impact.

 

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