Sign up for the Austonia daily newsletter
×
becomeMemberIcon

become a member

Tesla reported a successful, record-breaking first quarter during an investors earnings call on Monday. (Tesla)

Despite production delays and global supply chain issues, Tesla broke records during the first quarter of 2021, producing and delivering more vehicles than ever before, according to an investors earning call on Monday.


"The demand is the best we've ever seen," CEO and new Austinite Elon Musk said, adding that the electric automaker's Model 3—which starts at $35,000—is now the best selling luxury sedan in the world, supplanting the BMW 3-Series.

Confident as ever, the upcoming Saturday Night Live host expects this success to continue, predicting that the Model Y—Tesla's midsize SUV, which starts at $46,690—will be "the best selling car or truck in the world" by next year.

In addition to these updates, Musk also said that construction of the Tesla Gigafactory in Southeast Travis County is moving along and expected to begin limited production of both the Model 3 and Model Y vehicles by the end of this year, with volume production to start in 2022. "We're building factories as quickly as we can," he said.

Tesla also addressed a recent fatal crash in the Woodlands, north of Houston, earlier this month. Two men died after their Tesla Model S veered off the road and hit a tree; the car then caught fire. Neither of the men were behind the wheel, leading officials to believe no one was driving at the time of the crash. Musk blamed "extremely deceptive media practices" for connecting the crash to Tesla's autopilot technology, which is currently under federal investigation.

Popular

Austin native Samuel Grey Horse is giving love back to his community in the form of horses, music and positive energy. (Sam Grey Horse/Instagram)

No matter how long you’ve been in Austin, Samuel Grey Horse has probably been here longer than you and the spirit of his indigenous ancestors walked the land far before anyone living did. Born and raised in the capital city in 1961, the city has grown and changed all around him.

Keep Reading Show less

Women can use SafeUP to contact a "guardian" when in need. (Pexels)

For women who feel threatened while they’re out, an app that lets users easily call for help is now available in Austin.

Keep Reading Show less

The Michael and Susan Dell Foundation contributed over $35 million to help add to the Community First! Village. (Community First! Village/Facebook)

It's the most (philanthropic) time of the year, and the Michael & Susan Dell Foundation added to Central Texas' $100 million Giving Tuesday donations by promising a $38 million commitment towards combatting homelessness in Austin.

Keep Reading Show less