On July 3, local time, Reuters reported that Tesla announced the second quarter car deliveries this Friday, setting a record high of 201250 vehicles. This data is in line with Wall Street's expectations as Tesla is coping with chip shortages and relying on selling slightly lower-priced models.

It seems that Tesla has dealt with the global supply crisis better than traditional automakers, but Tesla CEO Elon Musk warned that there are also challenges in obtaining chips and raw materials.

The industry is watching Tesla’s earnings in the second quarter, especially whether the recent decline in Bitcoin prices will have a negative impact on Tesla’s profits.

According to data from Refinitiv, analysts had expected Tesla to deliver 200,258 cars, but the actual delivery volume was slightly higher. Garrett Nelson, an equity analyst at CFRA Research, said: "In terms of Tesla's trading volume, this is a solid quarter, but I think its performance is slightly disappointing." And Wedbush Securities analyst Dan Ives said, " Overall, the bulls are relieved to see the delivery data."

It is reported that in the second quarter delivery, Tesla's two lower-priced models Model 3 and Model Y accounted for 99% of its deliveries, offsetting the impact of the decline in the delivery of high-end models Model S and Model X.

Tesla said: "Our team has done a great job in responding to global supply chain and logistics challenges." Tesla has been increasing the price of its cars in recent months. Musk blamed this on Price pressures in the supply chain", especially raw materials.

Musk also said in early June, "Our biggest challenge is the supply chain, especially the supply of microcontroller chips. I have never seen anything like this."

RBC believes that the worst period of chip shortages for Tesla may have passed, but added that the potential impact of large-scale supply chain tensions on profit margins may continue this year.