Tesla (TSLA) delivers 466,000 vehicles in Q2, topping consensus
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Chinese EV start-ups surge following June delivery numbers
July 3, 2023 9:03 AM EDTShares of Chinese electric vehicle makers Nio (NYSE: NIO), Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) are surging pre-market after the three announced June delivery numbers.
NIO is up 4.2% in pre-market trading Monday after the Chinese automaker announced over the weekend that they delivered 10,707 last month, a 17.4% drop from the same time last year, but a significant 74% increase from numbers reported... More
Tesla (TSLA) shares gain 6% after Q2 deliveries beat; seen as a 'strong report'
July 2, 2023 1:26 PM EDT(Updated - July 3, 2023 5:38 AM EDT)
Electric vehicle (EV) giant Tesla (NASDAQ: TSLA) posted second-quarter delivery numbers that easily topped Wall Street consensus, benefiting from price cuts.
Tesla shares trade over 6% higher in pre-market Monday.
The EV giant delivered over 466,000 vehicles in the quarter, beating the Wall Street consensus of 448,350 deliveries. The company produced nearly 480,000 vehicles in the quarter.
Model 3/Y production and deliveries were 460,211 and 446,915, respectively. Model S/X production and deliveries were 19,489... More
