Tesla records record deliveries of more than 200,000 vehicles as semiconductor shortage tests – Technology News, Firstpost

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Tesla made record car deliveries in the second quarter, while Ford announced increased car sales in the U.S. despite a weakening global semiconductor shortage in June, according to the companies on Friday. Tesla delivered 201,250 vehicles during the season, surpassing the previous record set in January and encouraging Tesla CEO Elon Musk, who has complained about chip shortages and other supply chain problems in recent months as the company has moved to increase production.

“Congratulations to the Tesla team on over 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 increased sales in the U.S. in the fourth quarter. The June figures brought the quarter to 475,327, which is about 10 percent more than in the corresponding three months of the previous year.

However, Ford’s June sales fell 27 percent from a year earlier and also fell sharply from May and April.

The June data included a significant decline in sales of Ford’s market-leading F-150 pick-up line as chip breaking limits production and limits the number of cars available for sale.

On the plus side, tight inventories have boosted pricing, with Ford’s average purchase price rising from $ 6,400 a year earlier to $ 47,800.

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

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

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