Elon Musk's Tesla Posts Best Quarter in Two Years
Tesla smashed delivery expectations, but was it just a fluke?
Overview
Don't call it a comeback. Tesla (NASDAQ: TSLA) just posted its strongest second quarter ever. The company delivered an incredible 480,126 vehicles in that time frame, a 25% jump from last year and a 34% increase from the first quarter of this year.
Deliveries far exceeded expectations. Tesla itself only expected roughly 406,000. Model 3 and Model Y led the charge, accounting for more than 467,000 deliveries.
Details
One notable insight is that this is the first quarter since sales peaked in 2023 in which Tesla has reported year-over-year delivery growth.
Source
Originally published at www.fool.com.
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