- General
- July 2, 2020
- 3 minutes read
Tesla Delivered 90,650 Vehicles In Q2
Photo credit: Tesla As anticipated, Tesla just released its production numbers for the second quarter of this year and indicated…
Photo credit: Tesla |
As anticipated, Tesla just released its production numbers for the second quarter of this year and indicated it delivered 90,650 vehicles, a slight (4.8%) drop from the previous quarter. Tesla actually managed to beat expectations despite a pandemic that led it to suspend operation for weeks at its main production facility. The majority (80,050) of Tesla’s deliveries were Model 3 and Model Y vehicles, its less expensive models, while Model S and Model X vehicles, the more expensive ones, accounted for a minority (10,600).
Analysts had anticipated lower delivery numbers as a result of the coronavirus pandemic, with some even forecasting as low as 39,000 deliveries in this quarter. A concord of analysts polled by FactSet indicated an average forecast of 72,000 vehicle deliveries for the quarter.
The release of Tesla’s latest production results comes on the heels of the company surpassing Japanese automaker Toyota to become the world’s most valuable automaker.