Tesla delivers 88,400 electric vehicles, beating expectations [TechCrunch Blog]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: TechCrunch Blog
Tesla delivered 88,400 vehicles in the first quarter, beating most analysts expectations despite a 21% decrease from the previous quarter as the COVID-19 pandemic put downward pressure on demand and created logistical challenges.Tesla said Thursday itproduced 103,000 electric vehiclesThe deliveries and production figures beat most analysts expectations, causing Tesla shares to jump more than 10.4% in after hours trading. Analysts, who had anticipated lower numbers due to the COVID-19 pandemic, had varying forecasts. A consensus of analysts by FactSeat expected more than 79,908 vehicles would be delivered while Reuters reportedIBES data from RefinitivThe company, which does direct sales to consumers as opposed to using dealerships, was able to beat those expectations because it continued to produce and deliver its electric vehicles to customers in spite of the COVID-19 pandemic.While COVID-19 still affected Tesla, the company still managed to beat its delivery numbers from the first qu
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News
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- Tesla laying off nearly 700 workers at Nevada Gigafactory [Yahoo! Finance]Yahoo! Finance
- U.S. probes whether Tesla Autopilot recall did enough to make sure drivers pay attention [Los Angeles Times (CA)]Los Angeles Times
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form DEFA14A
- 4/24/24 - Form 10-Q
- TSLA's page on the SEC website