Tesla Sales Exceed Expectations in Second Quarter
Tesla's sales surpassed expectations for the second quarter, benefiting from high gas prices and suggesting a cooling of the backlash against Elon Musk.
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Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines Tesla blew past Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America. The strong figures suggest Tesla’s mainstay auto business is regaining momentum after two straight annual sales declines, providing the spending cushion needed to power its ambitions in autonomo...
By Reuters
Read full article →Tesla sales smash expectations as it cashes in on sky-high gas prices
Elon Musk has bet Tesla's future on its Cybercab robotaxi and Optimus humanoid robot. Christian Marquardt - Pool/Getty Images Tesla just scored a mega sales beat, thanks to a boost from soaring gas prices. Elon Musk's automaker sold 480,126 vehicles in the second quarter, up 25% year over year. The company's EV business is still going strong, even as Musk bets on robotaxis and humanoid robots. Tesla's sales are bouncing back — with a little help from high gas prices. The EV giant delivered ...
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