Tesla delivered more of its electric vehicles than expected in the second quarter.

The company, run by Elon Musk, said Tuesday it completed 443,956 vehicle deliveries during the quarter. That marked a nearly 4.8% decline year-over-year.

Still, the numbers topped the 438,019 deliveries LSEG analysts had predicted ahead of the release.

 Tesla shares rose after the release. 

Ticker Security Last Change Change %
TSLA TESLA INC. 209.86 +11.98 +6.05%

Tesla’s vehicle production, meanwhile, came in at 410,831 for the quarter.

Tesla shares are down about 11% for the year, earnings will be released on July 23, the company announced. 

 

Read the full article here

Subscribe to our newsletter to get the latest updates directly to your inbox

Please enable JavaScript in your browser to complete this form.
Multiple Choice
Share.
2024 © quickybudget.com. All Rights Reserved.