BUSINESSWPLG LOCAL 10 MIAMI
Tesla sales rose last quarter in a possible sign the worst of the Musk backlash is behind it
Tesla reported a significant increase in car deliveries for the second quarter, with 480,126 vehicles delivered, surpassing analyst expectations and reversing a decline caused by European boycotts. Sales rebounded in Europe, including a 300% rise in Germany, as the company introduces cheaper models and gains approval for its Full Self-Driving feature in several countries. Tesla's stock has risen over 40% in the past year despite a slight dip following the sales report.
Mentioned
Related Signal
Adjacent reporting
- Tesla sales rose last quarter in a possible sign the worst of the Musk backlash is behind it
- Tesla sales rose last quarter in a possible sign the worst of the Musk backlash is behind it
- Tesla deliveries jump 25% over last year, blowing past expectations
- BYD Sees Annual Sales Rise Despite Tepid Market, Says JPMorgan
- Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds
- Tesla delivered 480,000 vehicles last quarter, blowing past Wall Street's expectations