Tesla reports record quarter for sales

Tesla at a charging station.
(Image credit: Celal Gunes/Anadolu Agency via Getty Images)

Tesla announced on Sunday that its worldwide deliveries rose 83% from April to June.

This was a record quarter with more than 466,000 vehicles delivered, and the boost was likely due to steep price cuts, The Wall Street Journal reported, with one example being the Model Y SUV, which started at $65,990 in early January and is now at $50,490.

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.