Autos

Tesla (TSLA) Q2 2020 vehicle delivery numbers beat expectations

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Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.

Aly Song | Reuters

Tesla shares soared in premarket trading Thursday after the automaker said it delivered about 90,650 vehicles in the second quarter, handily beating Wall Street expectations as the electric car maker’s sales withstood the economic downturn better than most competitors.

Analysts expected Tesla to deliver about 72,000 vehicles during the last three months, according to a consensus of analysts surveyed by FactSet. A broader set of analyst estimates, compiled by Bloomberg, set higher expectations — 83,000 vehicle deliveries in the second…



Source cnbc.com

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