Tesla sales fall for second straight quarter despite price cuts, but beat analyst expectations
Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weaking demand for the company’s products and electric vehicles overall. Tesla, with an aging model lineup and relatively high average selling prices, has struggled more than other manufacturers. For the first half of the year, Tesla sold more than 910,000 vehicles worldwide, handily beating China’s BYD, which sold 726,153.
Associated Press Finance•