Tesla sets delivery record, but remains mum on elusive profits
Deliveries of all models rose 51% from the first quarter to 95,200 vehicles, sending Tesla shares up 7%
03 July 2019 - 11:53
San Francisco — Tesla set a record for quarterly vehicle deliveries in a triumphant response to months of questions about demand for its luxury electric cars, sending shares up 7% after hours on Tuesday.
Tesla did not comment on profit — which is still elusive — but the robust deliveries could help jump start investor sentiment on Tesla, which has been challenged in recent months. Before Tuesday’s after-hours spike, Tesla shares were down about a third from the beginning of the year...
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