Tesla soars on delivery numbers -- company delivered 88,400 vehicles in Q1 [CNBC]
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TechTesla soars on delivery numbers -- company delivered 88,400 vehicles in Q1Published Thu, Apr 2 2020Updated an hour agoLora Kolodny@lorakolodnyKey Points, CEO of TeslaBeck Diefenbach | Reutersapproximately 88,400Breaking it down by model, Tesla reported combined deliveries of 76,200 Model 3 sedans and Model Y cross-over SUVs, and combined deliveries of 12,200 of the older and more expensive Model S and X vehicles.Both numbers beat estimates: Analysts had expected combined deliveries of 68,674 Model 3 and Model Y vehicles, and combined deliveries of 11,234 Model S and X vehicles, as of Wednesday.The estimates took into account the COVID-19 pandemic, which required Tesla to wind down new car production at its main car plant in Fremont, California, in the last week of March and also suspended production in Shanghai in January and February.Without the COVID-19 related shutdowns, the analysts' consensus view was that Tesla could have delivered 95,528 vehicles, including 81,478 combined
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