Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Tesla Cuts Delivery Time by 6 Weeks in China

Published 09/07/2022, 07:28 AM
Updated 09/07/2022, 07:40 AM
© Reuters.  Tesla (TSLA) Cuts Delivery Time by 6 Weeks in China

By Michael Elkins

Reuters reported late Tuesday that electric vehicle maker, Tesla (NASDAQ:TSLA) has shortened delivery waiting times for their Model 3 and Model Y cars in China. According to the company’s Chinese website, the delivery period has been shortened to a maximum of 14 weeks.

The electric automaker reduced the waiting times for most of the Model 3 and Model Y cars to 6 to 10 weeks, the website showed.

Buyers of the long-range version of Model Y still need to wait for 10 to 14 weeks after placing the orders, compared to 16 to 20 weeks previously.

Tesla has shortened the wait times for models in China several times in the past two months, with upgrades to its Shanghai plant allowing for a significant increase in capacity. The last change in expected delivery times for Tesla vehicles in China came on August 31, when the company reduced the wait time for the entry-level Model Y from 4-8 weeks to 1-4 weeks.

Latest comments

100 👍
👍
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.