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In fact, when adjusting for anomalies like the Giga Shanghai shutdowns—which caused operations to halt for 22 days—Tesla's decline appears more pronounced. For instance, October 2021 saw about 54,000 deliveries, which sharply contrasts with this year's figures, signaling that Tesla's recent numbers are well below historical averages.
Strategic Considerations: Price Cuts and Market Dynamics
Industry analyst Jeff Chung points out that Tesla’s recent price reductions have created a “negative spillover effect,” especially for Chinese EV brands battling order backlogs. These backlogs, once considered a strength, are rapidly evaporating as customers cancel orders due to more appealing prices from Tesla.