Hurry up and wait
Tesla seems to be defying the odds by retaining its spot as the world s most valuable automaker. For the first three months of the year, the California-based EV manufacturer posted record-breaking deliveries despite challenges posed by the coronavirus and the ongoing microchip shortage affecting numerous manufacturers across the globe. However, this run looks to be at an end as Tesla is being forced to delay deliveries of its Model S and Model X vehicles.
When the refreshed models were unveiled at the start of 2021, Tesla CEO Elon Musk told the media that deliveries would commence in a few weeks time, but that has clearly not happened, and now that promise is being pushed further back.