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  • Writer's pictureBy The Financial District

Tesla Agonizes Over Huge Inventory Of Undelivered Cars

Teslas are sitting in inventory. Despite drawing demand with price cuts, Tesla saw just a 4.3% increase in deliveries over the final three months of December 2022, Andrea Guzman reported for Data Sheet.


Photo Insert: Tesla says the gap in cars built compared to those delivered is due to an increase of cars “in transit” as it moves away from prioritizing cars due for export early in the quarter before focusing on domestic demand.



It is causing concern that the inventory of unsold vehicles is approaching damaging levels.


Tesla says the gap in cars built compared to those delivered is due to an increase of cars “in transit” as it moves away from prioritizing cars due for export early in the quarter before focusing on domestic demand.


But not everyone’s buying it, with Tesla bull Gerber Kawasaki calling delivery numbers of Model X and S models troubling.


“Even with price cuts, they seem to have lost the high-end customers this quarter,” he rued.





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