Forum Discussion
Groover
Apr 09, 2021Explorer II
Yosemite Sam1 wrote:
A little bird told me this.
Is this because of chip shortage or signs of booming economy reported in business news today?
I am not sure how this thread got onto electric cars but as for the op's question, Both! And poor planning by GM, along with most other car makers. The only ones I know of that are not affected by the shortage are Tesla and Hyundai/Kia. They are both raking in the dough right now. Tesla's demand is so strong that they just put in a small price increase to capitalize on their market demand.
It is not a production drop off for Tesla. They had record production and sales in the first quarter but still can't keep up with demand.
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