<p>Tesla Inc on Sunday delivered a record number of vehicles in the second quarter, topping market estimates after the electric carmaker increased discounts and incentives.</p>.<p>The Elon Musk-led company handed over 466,000 vehicles in the three months ended June 30.</p>.<p>Analysts on average had expected Tesla to deliver 445,000 cars, according to nine analysts polled by Refinitiv, with the lowest estimate of 439,875 and highest of 450,000.</p>.<p>The world's most valuable automaker had delivered 254,695 vehicles in the year-ago quarter.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/tesla-may-have-already-won-the-charging-wars-1231661.html" target="_blank">Tesla may have already won the charging wars</a></strong></p>.<p>Tesla is expected to hit record sales yet again in China, its second-largest market after North America, despite competition from market leader BYD.</p>.<p>Meanwhile, the electric-vehicle pioneer has notched up a series of wins in the EV fast-charging space with companies such as Ford Motor and General Motors, as well as fast-charging equipment makers agreeing to adopt the firm's North American Charging Standard (NACS).</p>.<p>It increased discounts for vehicles in inventory to a $1,600-to-$7,500 range and made all of its Model 3s eligible for full federal credits of $7,500 starting in June in the United States.</p>.<p>Earlier this year, Tesla slashed prices globally by as much as 20 per cent after missing Wall Street delivery estimates for 2022.</p>.<p>Tesla said total production rose 85.5 per cent to nearly 480,000 vehicles in the three months ended June 30, from a year earlier.</p>.<p>The company delivered 446,915 Model 3 compact cars and Model Y sport-utility vehicle, as well as 19,225 of its Model S and Model X premium vehicles.</p>
<p>Tesla Inc on Sunday delivered a record number of vehicles in the second quarter, topping market estimates after the electric carmaker increased discounts and incentives.</p>.<p>The Elon Musk-led company handed over 466,000 vehicles in the three months ended June 30.</p>.<p>Analysts on average had expected Tesla to deliver 445,000 cars, according to nine analysts polled by Refinitiv, with the lowest estimate of 439,875 and highest of 450,000.</p>.<p>The world's most valuable automaker had delivered 254,695 vehicles in the year-ago quarter.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/tesla-may-have-already-won-the-charging-wars-1231661.html" target="_blank">Tesla may have already won the charging wars</a></strong></p>.<p>Tesla is expected to hit record sales yet again in China, its second-largest market after North America, despite competition from market leader BYD.</p>.<p>Meanwhile, the electric-vehicle pioneer has notched up a series of wins in the EV fast-charging space with companies such as Ford Motor and General Motors, as well as fast-charging equipment makers agreeing to adopt the firm's North American Charging Standard (NACS).</p>.<p>It increased discounts for vehicles in inventory to a $1,600-to-$7,500 range and made all of its Model 3s eligible for full federal credits of $7,500 starting in June in the United States.</p>.<p>Earlier this year, Tesla slashed prices globally by as much as 20 per cent after missing Wall Street delivery estimates for 2022.</p>.<p>Tesla said total production rose 85.5 per cent to nearly 480,000 vehicles in the three months ended June 30, from a year earlier.</p>.<p>The company delivered 446,915 Model 3 compact cars and Model Y sport-utility vehicle, as well as 19,225 of its Model S and Model X premium vehicles.</p>