Tesla shares jumped on Tuesday after the company posted second-quarter vehicle production and deliveries numbers that beat analyst expectations.
Here are the key numbers:
Total deliveries Q2 2024: 443,956 vehicles
Total production Q2 2024: 410,831 vehicles
Analysts expected Tesla deliveries to hit 439,000 in the three months ending June 30, according to a consensus of estimates compiled by FactSet StreetAccount. The total number of deliveries in the second quarter fell 4.8% from 466,140 a year earlier but rose 14.8% from the first quarter.
The stock rose more than 9% Tuesday in midday trading. Before the report, Tesla shares were down 16% in 2024
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