Is Tesla on a comeback? Q2 deliveries surpass analyst expectations
Electric vehicle maker, Tesla, released their Q2 deliveries - which ultimately surpassed analyst expectations.
Tesla reported that it delivered 443,956 vehicles, and produced 410,831 all up this past quarter. While these delivery figures are down 5% compared to this time last year, it still came in ahead of analysts' expectations of about 439,000.12 (Investopedia).
If you're an Aussie following the US market, then Tesla's recent performance would be no stranger to you.
After being the biggest underperformer in the Magnificent 7, the car maker has now turned the tables, becoming the biggest gainer on the S&P 500 for the second consecutive day.
Although it's shares have now gained over 17% in the last two days, they have still not reached previous highs.
The company has announced that they will report their Q2 financial results on July 23 (US time).
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