EPISODE · Jul 2, 2020 · 5 MIN
Tesla Q2 2020 Production & Deliveries 🚘📊
from HyperChange · host Gali
Tesla beats everyone's estimates and reports deliveries of 90,650 for Q2 2020. Despite over a month of the Fremont factory being shutdown and a global pandemic, Tesla was able to grow its deliveries by 2% sequentially. My projections indicate the company is still on track to hits its annual 2020 delivery guidance of 500,000+ vehicles. This would be 36% growth from 2019, despite the world falling apart. Tesla was able to report a profit last quarter with deliveries of 88,000... the chance of them reporting another GAAP profit is looking good. What are your thoughts on the quarter?
What this episode covers
Tesla beats everyone's estimates and reports deliveries of 90,650 for Q2 2020. Despite over a month of the Fremont factory being shutdown and a global pandemic, Tesla was able to grow its deliveries by 2% sequentially. My projections indicate the company is still on track to hits its annual 2020 delivery guidance of 500,000+ vehicles. This would be 36% growth from 2019, despite the world falling apart. Tesla was able to report a profit last quarter with deliveries of 88,000... the chance of them reporting another GAAP profit is looking good. What are your thoughts on the quarter?
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Tesla Q2 2020 Production & Deliveries 🚘📊
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