Explainer: How Tesla weathered global supply chain issues that knocked rivals – Reuters

January 4, 2022 by No Comments

Tesla’s China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song

Register now for FREE unlimited access to Reuters.com

San Francisco, Jan 4 (Reuters) – Tesla Inc’s ability to design components in-house gave the automaker agility in making tweaks to parts and coping with supply chain issues that hit other automakers much harder, sources and experts said.

Tesla boosted its deliveries by 87% to a record high in 2021, pushing up its shares up over 13% on Monday. read more

Here are some of the ways Tesla navigated supply chain challenges.

Register now for FREE unlimited access to Reuters.com


Tesla told some customers they could take vehicle delivery with some missing parts, such as Bluetooth chips and USB ports. Tesla also removed some features such as radar sensors and lumbar support for front passenger seats, which made the car less complicated to build. Tesla did not respond to Reuters’ request for comments.

Tesla also increased vehicle prices to address higher costs, including “expedite costs” for parts. American consumers have to wait for seven months if they order a Model Y version, whose prices went up 18% last year.

<p data-testid="paragraph-6" class="Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25…….

Source: https://www.reuters.com/markets/europe/how-tesla-weathered-global-supply-chain-issues-that-knocked-rivals-2022-01-04/


Leave a Comment

Your email address will not be published. Required fields are marked *