Tesla sales fall amid increased competition ...Middle East

Technology by : (The Hill) -
Tesla sales fell last quarter amid increased competition in the electric vehicle manufacturing sector, despite the Austin, Texas, company decreasing prices to bring in more buyers.  The electric car company said it built 433,371 vehicles and delivered 386,810 from January through March this year. The number of deliveries is down from the first three months of last year, when the company delivered more than 484,000.  Tesla said the decline in deliveries was partially due to factories shutting down amid shipping difficulties in the Red Sea and a factory in Germany losing power after an arson attack.  “Decline in volumes was partially due to the early phase of the production ramp of

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