Tesla Posts Strong Q2 Sales Despite Safety Concerns
Tesla’s Q2 sales jumped by 25%, with the automaker delivering 480,126 vehicles in the period. This represents a significant rebound from the previous year’s sluggish sales.
Production and Delivery Highlights
The company produced 451,758 vehicles in the second quarter, including 442,936 Model 3 and Model Y vehicles. Deliveries also climbed to 480,126 vehicles, with 467,762 Model 3 and Model Y vehicles delivered.
Market Response and Challenges
Wall Street investors had expected Tesla to deliver between 400,000 and 420,000 vehicles in the quarter. The strong results come despite ongoing scrutiny over the safety of Tesla’s partially automated driving technology following recent fatal crashes.
Other Updates
Tesla’s robotaxi service is currently operating with a limited fleet in select US cities. The company is facing challenges in scaling up the service as previously predicted.
