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Tesla beats estimates with less drastic drop in Q2 EV sales
The Straits Times
|July 03, 2024
Tesla has reported its second consecutive drop in quarterly deliveries, even though chief executive Elon Musk took measures to stem the decline.
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The carmaker said on July 2 that it delivered 443,956 electric vehicles in the second quarter, better than the 439,302 average analyst estimate.
While sales were down 4.8 per cent from a year ago, Tesla improved on a sequential basis from the 386,810 vehicles delivered in the first three months of the year.
The company produced 410,831 vehicles during the quarter. Its shares climbed as much as 4.8 per cent before the start of regular trading.
Tesla has had a tumultuous year.
Dit verhaal komt uit de July 03, 2024-editie van The Straits Times.
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