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Tesla’s Disappointing Q3-2023 Financial Performance- The Bloom is Off the Rose

Supply Chain Matters

They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. The industry’s news cycle has pointed to increasing inventories of unsold EV ’s at dealer lots. That equated to the ability to produce and sell 20 million vehicles globally.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.