Tesla shares surge as deliveries beat estimates
Stock of the electric-vehicle maker is close to tripling this year, as it delivered over 90,650 cars in the three months to end-June
02 July 2020 - 19:08
San Francisco — Tesla reported a sequential gain in quarterly deliveries that seemed improbable weeks ago, sending its stock surging towards Wall Street’s most bullish price target.
The electric-vehicle (EV) maker handed over 90,650 cars to customers in the three months to end-June, exceeding analysts’ average estimate for about 83,000 in a Bloomberg News survey. Tesla delivered about 88,400 vehicles in the first quarter...
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