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Tesla still sells more electric cars than anyone else, but Elon Musk can’t be trusted

Tesla isn’t the only brand to sell hundreds of thousands of electric vehicles a semester. | Font: spill

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Tesla remains the brand that sells the most electric vehicles in the world, despite reports that erroneously claim that BYD overtook the company Elon Musk.

According to reports from Teslathe manufacturer sold 564,743 electric vehicles in the first half of 2022.

Why is it (erroneously) believed that BYD beat Tesla?

Chinese company BYD recently released its half-year results, reporting sales of 641,350 “new energy” vehicles.

This term may be confusing to many, but it covers both. electric vehicles Like plug-in hybrids.

Speaking specifically about electric vehicles, BYD 323,519 sold. A very good amount considering that it represents an increase of 314.9% compared to the same period in 2021.

Elon Musk and Tesla can’t sleep well

Tesla it also increased its sales by 74.5% compared to the first half of 2021, but its growth was interrupted in the latest quarter.

Problems with COVID-19 in Shanghai called the Gigafactory Tesla there are problems, and the company has taken serious action, planning to lay off 10% of its full-time employees.

At the same time, other car brands are increasingly betting on electric vehicles. Tesla for a long time had no real competition.

Vehicle software Tesla This is an exceptional case, but there are more and more reviews of dissatisfied customers when they receive damaged cars.

Pessimistic forecast for the second half of 2022 Tesla This is also reflected in its share price, which rose from $1,145.45 on April 4 to $699.20 at the close of trading on July 5.

Source: RPP

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