Tesla's second-quarter unit deliveries exceeded expectations, contributing to a 10% increase in stock prices

July 3, 2024 1:15 AM GMT+9

The number of units delivered for the second quarter announced by Tesla, a major US electric vehicle (EV) company, on the 2nd was 443,956 units, down 4.8% from the same period last year. However, price cuts and sales incentives supported it, and there was only a slight decrease compared to the expected 5% decrease.
However, this is the first time it has been negative for 2 consecutive quarters.
This is an increase of 14.8% compared to the previous quarter.
Tesla's stock price suddenly rose by over 10% at one point due to morning trading, and hit a high for the first time in 5 months.
The 12 analysts' predictions compiled by LSEG were 438,019 units.