“While supply chain issues remain, it appears to be moderating heading into the next six to nine months,” said Ives. He said the report should confirm those expecting Tesla to hit full-year sales of 900,000 vehicles, up from the 500,000 it sold in 2020. It sold 386,000 cars in the first half of this year, more than double what it sold in the first half last year.
“The automaker benefited from record sales and reduced internal costs to overcome rising material costs and a $23 million bitcoin ‘impairment,'” said Karl Brauer, executive analyst at iSeeCars.com. “Tesla’s numbers, beating estimates by a healthy margin, confirm strong global demand for EVs continues, enough to more than offset Tesla’s near-term challenges.”