Tesla electrifies Wall Street with increase in deliveries - News Summed Up

Tesla electrifies Wall Street with increase in deliveries


Tesla delivered 90,650 vehicles in the second quarter despite its factory in Fremont, California, being partially shut due to the pandemicTesla continues to astound critics and fans alike as the electric carmaker beat Wall Street estimates for second-quarter vehicle deliveries. The car manufacturer delivered 90,650 vehicles during the three-month period despite its factory in Fremont, California, being partially shut due to the pandemic. This was the second consecutive quarter of better-than-expected numbers from Tesla. Tesla, which was founded in 2003, delivered 80,050 of its Models 3 and Y vehicles and 10,600 of its Models S and X. “While our main factory in Fremont was shut down for much of the quarter, we have successfully ramped production back to prior levels,”


Source: The Times July 02, 2020 23:26 UTC



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