Tesla shares are jumping in the premarket after announcing Q2 deliveries of 384,122K compared to 389,407 expected. There were some whisper numbers that were close to 350K and shares are up around 5% in response. Shares fell 7% yesterday on Musk’s feud and partly in anticipation of poor deliver numbers.
Other numbers:
- 2Q production 410,244 vehicles, est. 400,083
- Model 3/Y production 396,835, est. 383,567
- Other models production 13,409, est. 13,616
- 2Q deliveries 384,122, est. 389,407
- Model 3/Y deliveries 373,728, est. 377,295
- Other models deliveries 10,394, est. 14,644
This article was written by Adam Button at www.forexlive.com.