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Tesla Q2 deliveries dropped Y/Y while stock flies
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Tesla has delivered over 6 million vehicles globally

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ With Tesla’s impressive Q2 2024 delivery results, the electric car maker has achieved another impressive milestone. Since 2012, Tesla has successfully delivered over 6 million vehicles worldwide.
Industry watchers note that after Tesla’s 443,956 vehicles delivered in Q2 2024, the company’s total deliveries since the Model S started production in 2012 has reached a total of 6,227,920 units. What’s quite interesting is that the lion’s share of these vehicles is taken by only two models - Model 3 sedan and Model Y crossover. 
With the company’s next-generation platform and unboxed manufacturing process, vehicle production is expected to reach volumes that far exceed that of the Model 3 and Model Y today. Tesla’s next-gen platform is also expected to bring the costs of electric cars down further, allowing the company to compete in markets that are currently only populated by the world’s largest automakers. Tesla becoming the world’s most valuable company in the near future will be more than feasible. 
Tesla has delivered over 6 million vehicles globally
Tesla has delivered over 6 million vehicles globally
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    I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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