- Published on
Tesla produces a record 480,000 vechicles in Q2 2023
- Authors
- Name
- Kanchan Sharma
- @SharmaKanchaan
Table of Contents
Tesla Crushed Q2 2023 Deliveries and Production Figures
Record Deliveries Quarter over Quarter
Tesla easily crushed their production and delivery figures despite a high interest rate environment in which the companyhas had to operate. Tesla's Q2 production and delivery volumes easily surpass their own Q1 figures, which were already very impressive at more than 440 thousand production and more than 422 thousand deliveries.
Tesla Stock Performance
Tesla seems to be a quarter ahead of wall street estimates. With the same energy, Tesla's stock has been on a tear recently. Tesla's stock is up more than 250% since the start of the year 2023 closing today at $278.61, a 6.4% upwards move since Friday's close. The company's stock is still below the all-time high of $414 a share reached during the era of ultra-low interest rate and government stimulus.
When is Tesla's Q2 earning release?
Tesla will post its financial results for the second quarter of 2023 after market close on Wednesday, July 19, 2023, as per their recent 8-K filing with the SEC. That leaves us 16 more days of stock market anticipation.