Tesla: the growth of the second quarter in a row!

Tesla: the growth of the second quarter in a row!


Thursday, July 2, the company Tesla presented the sales report for the second quarter of 2020. Thus, during the reporting period, the manufacturer of electric cars managed to put its customers 90,65 thousand cars – it is much more than analysts had forecast. Thus, the implementation of Tesla exceeds expectations for the second consecutive quarter.

So, analysts polled by FactSet had expected sales of Tesla in April-June will be about 72 thousand units. Their colleagues, polled by Bloomberg, were bolder in their predictions and hoped for implementation in the area of 83 thousand electric cars. The actual result, based on the report, Tesla, was significantly higher.

Also clarifies that sales of Model S and X was 10.6 thousand, which is less than in the year-and quarter-on-quarter. And Model 3 and Y was set 80,05 thousand, which exceeded the first quarter by 5%.


In the second quarter, the company Tesla has released 82 272 of electric cars is almost 20% less compared to the first quarter of this year and 5.5% below the same period of 2019.

Yesterday we reported that Tesla came in first place in the world by market capitalization among automakers, beating the Japanese Corporation Toyota. Shares of the American manufacturer of electric cars in the evening of July 1, rose to a record 1134 of dollars, and the market capitalization of the brand reached MYR 207.2 billion, surpassing the market capitalization of Toyota, which 201.9 million, billion dollars. On the third line there is the German Volkswagen concern with the capitalization of 78,92 billion.

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