Tesla Model X is delayed Due To Quality Problems

Tesla posts record sales in the third quarter of 2021 as other firms suffer from chip shortages

The chip shortage in the auto industry has caused the sales of brands such as Volkswagen, Subaru, Nissan and Hyundai to drop significantly. Tesla boasts of having a good level of sales achieving the best quarter of 2021.

How serious is the global shortage of semiconductor chips? Because automakers don’t have the components to meet demand, there are very few cars available , Toyota lowered its production forecast for the next few months by 40%, and General Motors is on track for its worst sales year since 1958 . As the data for the third quarter of 2021 comes out, there is apparently a bright light in the dark, and it is for Tesla

Tesla Model 3. / Photo: Courtesy Tesla.

Tesla Reveals Third Quarter Sales Results

The now Austin, Texas-based automaker this weekend said it produced 237,823 vehicles last quarter and delivered 241,300 of them . That’s more than 100,000 cars during the same quarter last year, and Tesla’s best sales quarter . In fact, GM sold only less than double that amount in the third quarter, and it is true that it is a much larger company. 

Tesla CEO Elon Musk has said that his company has so far been able to largely avoid the headaches faced by other automakers by buying chips from different vendors and having their teams rewrite the code on the fly when they do. did. As he said in an earnings call this summer: “It’s not just about changing a chip; you also have to rewrite the software ”. 

Apparently the worst of the crisis has passed

While it would be arrogant to assume that Tesla is permanently immune to a problem that haunts the rest of the business, Musk has said that he sees the shortage as a short-term problem rather than a persistent one . And Ford CEO Jim Farley also said this summer that he feels we’ve been through the worst of this supply chain crisis and that “the chip situation is looking up.” 

We’ll find out if Farley was right when Ford released its third-quarter sales figures. But the rest of the auto industry didn’t have a good story to tell. According to Automotive News, the ultra-popular Subaru reported a 30% drop in sales in September, Volkswagen and Audi were down 8% and 14%, respectively, Hyundai was down slightly year-over-year and Nissan was down 10% in the third quarter. . It’s basically out of supply for its volume-selling Rogue crossover. 

In other words, it’s a bad time if you plan to buy a new car in 2021, it will probably be more expensive than you imagined.

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