Tesla sales continue to rise amid chip shortages

In the third quarter of 2021, Tesla sold 241,300 cars. That is 102,000 more than in the same period last year. Sure, that’s just over half of the 446,997 cars GM has sold in the past three months. But that number means a sharp 33 percent year-over-year decrease for GM. And (if my calculation is correct) it would mean more cars have been sold worldwide than Subaru in the past three months.

That Tesla has risen while other automakers are struggling, however, isn’t much of a surprise when you dig into the details. While other manufacturers are feeling the brunt of the global chip shortage, Tesla has started sourcing a variety of silicon The edge, and rewrite the software to work with these new components.

Additionally, the company only recently started selling its popular Model Y in Europe and it’s relatively new to the Chinese market too, which gives it plenty of room for growth.

Of course, things are not all rosy for Tesla. The company is still facing an investigation by the National Transportation Safety Board here in the United States. And it’s only a few months away from a massive recall of nearly 300,000 vehicles in China. Not to mention the fact that both the roadster, the cybertruck and the electric semitrailer are faced with lengthy delays.

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