Company Of The Day: Tesla
What?
Tesla (NASDAQ:TSLA) delivered 201,250 cars for Q2 2021, a new quarterly record. This translates into a sequential increase of 9% and a year-over-year increase of about 130%.
Why?
- How Will Tesla’s Earnings Trend After A Tough Q1 Delivery Report?
- With Deliveries Falling And Inventory Piling Up, What’s Next For Tesla Stock?
- Down Almost 20% This Year, Is Tesla Stock Good Value?
- Down 9% Year-To Date, Will A Q4 Earnings Beat Drive Tesla Stock Higher?
- With Delivery Growth Cooling, Is Tesla Stock Still A Buy At $250?
- Following A Lackluster Cybertruck Debut, Is Tesla Stock Overvalued At $240?
The growth was driven primarily by the mass-market Model Y and 3 vehicles, which saw 199,360 deliveries in Q2. Model S and X sales remained muted as Tesla only began scaling up production of refreshed versions of the vehicles recently.
So What?
The delivery figures were apparently largely in line with market estimates, with Tesla stock remaining flat in Friday’s trading.
See Our Complete Analysis For Tesla
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