Reported 12 months ago
Tesla's second-quarter electric vehicle delivery figures surpassed estimates, with 443,956 vehicles delivered out of 410,831 produced, causing Tesla shares to rise. The positive results hint at a potential turnaround for Tesla's upcoming earnings report on July 17 and may signify reduced pressure from pricing wars in the Chinese auto market. Analysts believe the improved delivery performance may lead to better operating margins and a positive outlook for Tesla in the remainder of the year and beyond.
Source: YAHOO