Tesla announced yesterday that their Q2 earnings announcement will be July 19th and they also revealed that deliveries during the quarter were 466,000 (up +83% from Q2 of last year) and production was nearly 480,000.
Deliveries expectations were 445,000-447,000, so they beat the top end by a little more than 4%
The premarket stock price is up more than +6% right now, as the market seems to like it.
Their price cuts certainly played a role in the high demand and we’ll have to wait a few more weeks before we can see what impact that had on margins.
Some additional commentary in an article from Reuters:
-mekong
