The beat was driven by sales of its Model 3.
The electric-car maker delivered 139,300 vehicles in the quarter, beating estimates of 134,720 vehicles, according to Refinitiv data. Its total production in the quarter rose 76% to 145,036 vehicles compared to the previous three-month period.
I did not beat expectations given capacity is higher
You are mixing up production and deliveries. Expectations were 144k deliveries higher just one week ago, but Tesla reported just 139k.
Smashed it.....AND THIS IS IN A COVID world - just wait for Berlin and Austin to come online in the future.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »