Tesla, an electric car manufacturer, claims it delivered a record 1.3 million units in 2018, a 40% increase from 2021. It follows the company’s more than 405,000 car deliveries in the final three months of 2022.
The demand for automobiles is anticipated to decline this year as potential purchasers fret over the recession and rising loan rates. Tesla claimed it faced “severe Covid and supply chain related problems throughout the year” in a statement to investors.
In the meantime, officials in South Korea said on Tuesday that they will fine Tesla $2.2 million (£1.8 million) for neglecting to inform its consumers about the lower driving range of its electric vehicles in cold weather.