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Tesla Q2 deliveries hit by China shutdowns; says June was best month ever

July 4, 2022
Source: yahoo.com yahoo.com
News Snapshot:
Tesla ( TSLA ) released its Q2 production and delivery figures , which came roughly inline with street estimates. Tesla produced 258,580 vehicles and delivered 254,695 vehicles in Q2. Deliveries, which the industry looks at closely as a proxy for sales, were expected to be in the 250K range, after estimates had been knocked down by Wall Street analysts over the past few weeks over concerns from COVID shutdowns in China. Prior to recent estimate cuts, Tesla was expected to deliver around 304K vehicles for the quarter. Tesla said Q2 production and deliveries came despite “ongoing supply chain challenges and...
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