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. 13,6162Q 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.