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Tesla Records Record Deliveries Of Over 200,000 Vehicles As Semiconductor Shortage Tests Industry

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Tesla posted a record car deliveries in the second quarter, while Ford reported higher U.S. car sales despite a drag from a global semiconductor shortage in June, the companies said Friday. Tesla delivered 201,250 vehicles during the period, beating the previous record set in January and drawing a standing ovation from Tesla boss Elon Musk, who lamented chip shortages and other supply chain problems in recent months as the company it moved to increase production.

“Congratulations to the Tesla team on more than 200,000 cars built and delivered in the second quarter, despite many challenges!” Musk said on Twitter.

Meanwhile, Ford became the latest automaker to report higher U.S. sales in the most recent quarter, releasing June figures that brought the quarterly total to 475,327, up 10 percent from the same three months of the year. previous.

However, Ford said June sales fell 27 percent from the prior year period and also suffered a sharp decline compared to May and April.

The June data included a large decline in sales of Ford’s market-leading F-150 pickup truck lineup as chip crunch restricts production and limits the cars available for sale.

On the upside, tight inventories have driven prices, with Ford’s average transaction price up $ 6,400 from a year ago at $ 47,800.

Ford also said it had seen reservations of more than 100,000 for its all-electric F-150 Lightning version of the truck since it introduced the model in May.

Shares of Tesla rose 0.1 percent to close at $ 678.90, while Ford also added 0.1 percent to $ 14.93.

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