Tesla sees strong Model Y production, deliveries; shares rise [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Tesla sees strong Model Y production, deliveries; shares rise Tesla Inc CEO Elon Musk speaks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China Jan. 7, 2020. Aly Song/Reuters Tesla Inc CEO Elon Musk speaks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China Jan. 7, 2020. Tesla Inc said on Thursday production and deliveries of its Model Y sport utility vehicle was significantly ahead of schedule, as the company delivered the highest number of vehicles in any first quarter to date. The company’s solid deliveries despite the coronavirus outbreak in the United States sent its shares up about 15% in extended trading. The company’s production and delivery was largely unaffected by the coronavirus outbreak in the first three months of the year, as Tesla only began to temporarily suspend production at its San Francisco
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