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Tesla reorients delivery pattern as U.S. loses out on lithium supplies

Chile 85 China 2669 Cons. Discr. - Autos 981 European Union 682 U.S. 4740

Tesla has announced a 43.6% increase in vehicle deliveries in Q3’20. The firm will be rearranging its supply chain to ship Model 3 vehicles to Europe from China, possibly instead of from the U.S., and will eventually open a new factory in Germany. The in-market, for-market strategy cuts the time between production and deliveries. It may also reduce total U.S. exports of electric vehicles which already fell by 3.9% year over year in August after a 0.2% dip in July. Most mainstream manufacturers are introducing electric vehicles in the next two years, including General Motors’ Cadillac and...

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