Tesla On Track To Beat Q2 Deliveries Forecast, Analyst Says

Even as the broader consensus calls for a weak second-quarter showing by Tesla Inc (NASDAQ: TSLA), one analyst sounds optimistic.Strong June Salvages Q2 Showing: Tesla may have delivered 90,000 to 100,000 vehicles in the second quarter, thanks to a robust June, according to Credit Suisse analyst Dan Levy. This compares to the sell-side consensus of 70,000 vehicles.In the first quarter, Tesla delivered 88,496 units, up 40% year-over-year but down 21% from the previous quarter.Giving a break-up of second-quarter deliveries, Levy said the company sold 31,000 cars in China, just under 35,000 from its Freemont, California facility and about …read more

Source:: Yahoo Finance

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