Tesla Stock Climbs 6% After Beating Analyst Delivery Estimates ...Middle East

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Tesla Stock Climbs 6% After Beating Analyst Delivery Estimates
source : OILPRICE ( Middle East ) () 37
Tesla reported its Q2 production and deliveries on Sunday, posting numbers that exceeded analyst estimates, despite doubts about demand throughout the quarter. At the end of Q2, Tesla once again proved that price cuts can help move metal, posting 466,140 deliveries for the quarter, ahead of Bloomberg's consensus estimate of 448,351. The auto manufacturer produced 479,700 vehicles in the quarter, exceeding estimates of 456,617. Tesla delivered 19,225 Model S/X vehicles in the quarter, beating expectations of 14,606. The EV manufacturer also delivered…

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