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Tesla Stock Performance Post Q2 Earnings Call
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Tesla Surpasses Q2 Delivery Expectations with 444,000 Vehicles, Stock Up 5%
Jul 2, 2024, 01:05 PM
Tesla reported its second-quarter 2024 deliveries, surpassing expectations with 444,000 vehicles delivered, compared to the consensus estimate of 439,302. This marks a 5% year-over-year decline in deliveries. Tesla produced approximately 411,000 vehicles in the same period. The company also achieved a record high in energy storage deployments, reaching 9.4 GWh. Model 3/Y deliveries accounted for 422,405 units. Following the announcement, Tesla's stock rose by 5% in pre-market trading. Tesla will hold its Q2 earnings call on July 23.
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