Tesla shares reached their new peak on Thursday jumping 7.95% to a price of $1208.66. The manufacturer of electric cars Tesla was rated as the world most expensive automaker (in terms of market capitalization), overtaking the world leader Toyota Motor.
Since the beginning of the year, Tesla shares have risen by 189% having climbed 166% over the past three months.
On Thursday, Tesla reported that it has delivered 90,650 electric vehicles to customers in the three months. They were out of cars on June 30 (the second quarter), significantly surpassing Wall Street rates of 72,000 vehicles. The result exceeded even the broadest set of analysts’ estimates compiled by Bloomberg whose average expectations were 83,000 delivered Tesla cars in the second quarter.
Tesla sales are surprising as they turned out much better than most competitors reached.
Tesla’s deliveries fell by only 4.8% compared to the same quarter last year. Of the 90,650 combined shipments, 80,050 were the most affordable Model 3 sedans and Model Y SUVs, while 10,600 were older and more expensive Model S and X cars. Unfortunately, Tesla did not provide more details on the number of Model Y cars and delivery classification by geographical regions.
In the second quarter, Tesla made 82,272 cars, including 75,496 Model 3 and Model Y cars and only 6,326 Model S and X ones. It is unknown how many of them were produced at the largest American plant in Fremont and a new plant in Shanghai.
Production volume in the 2nd quarter was lower than 102,672 cars produced by Tesla in the 1st one, and lower than 87,048 cars produced in the 2nd quarter in 2019.
The decline in production was due to the temporary shut down of the company’s main plant in Fremont for several weeks. Employees of the plant began to get back to work on May 11 at the request of Tesla CEO Elon Musk who opposed the shut-down of the plant by Alameda County authorities, suing and threatening to move headquarters and new production programs to Nevada or Texas.
Among the steps positively assessed by analysts were the reduction of prices and intentions to open new plants. To increase demand for its electric vehicles, Tesla significantly reduced prices in the second quarter in North America and China. Moreover, the media revealed information about Tesla’s plans to create a battery complex in Fremont and build a new car plant for the production of Cybertruck and Model Y in Austin, Texas.
According to China Association of Automobile Manufacturers, the company received positive news from China where in May sales resumed to 11,095 Model 3 vehicles made in Shanghai.
At the same time, in the US, Tesla has also faced two new federal investigations: one related to the failure of the touch screen in vehicles, the other one with the battery cooling system, a problem that could pose a fire hazard in the Model S.
Be that as it may, Tesla’s sales, which exceed estimates and industry averages, speak for themselves. These figures give encouraging cues for the forthcoming financial report expected on July 22. Tesla had reported profit for the previous three quarters.
Напередодні акції компанії Tesla Ілона Маска були включені в індекс S&P 500, після чого їх вартість впала на 6,4%, пише Bloomberg. Зростання акцій компанії на закритті торгів у п’ятницю, 18 грудня, склало 5%. У цей день обсяг торгів паперами компанії Ілона Маска досяг $ 150 млрд, пише Bloomberg. Котирування виробника електрокарів падають разом з американським […]
Стан глави Tesla Ілона Маска в середу скоротився на $ 8,9 млрд, до $ 135,8 млрд, випливає з даних рейтингу Forbes Real-Time, оновлюваного в реальному часі. В результаті мільярдер опустився на третю сходинку списку найбагатших людей світу. Днем раніше Маск вперше опинився на другій сходинці списку. За підсумками торгів 8 грудня його статки збільшилися на […]
Китайці п’ятий місяць поспіль скуповують автомобілі, в тому числі, особливо сильно збільшився попит на електрокари американського концерну Tesla Ілона Маска, повідомляє агентство Bloomberg. Пояснюється, що роздрібні продажі легкових машин і позашляховиків в Китаї виросли на 7,8% в порівнянні з 2019 роком. Тільки в листопаді жителі Піднебесної скупили 2,11 мільйона автомобілів. Оптові продажі електрокарів подвоїлися і […]
Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]
Виробник електромобілів Tesla може адаптувати досвід Apple: збільшити і диверсифікувати виручку за рахунок своїх цифрових сервісів, вважає аналітик банку Morgan Stanley Адам Джонас. «Tesla на межі ґрунтовного переходу тільки від продажу автомобілів до виробництва високомаржинальної і постійної виручки від програмного забезпечення і сервісів», – зауважив Джонас 18 листопада. Tesla слідом за Apple може створити свою […]
Американська компанія Tesla відкличе в США 9136 електричних кросоверів Model X виробництва 2016 року. Причина відкликання – дефекти підвіски і обшивки даху. «Косметична обшивка даху спереду і ззаду могла бути приклеєна до автомобіля без попередньої ґрунтовки. В результаті один або обидва елементи оздоблення салону можуть відокремитися від автомобіля під час руху», – йдеться в повідомленні […]
Tesla CEO Elon Musk wants to turn the Tesla plant near Berlin into the world’s largest factory for the production of batteries for electric vehicles. The businessman stated this on Tuesday, November 24, speaking via video link at the European Conference of Battery Manufacturers. The plant near Berlin will be one of a kind as […]
Shares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]
JPMorgan shares increased because of the announcement of financial results for the 2nd quarter ended on June 30. Since the beginning of the year, JPMorgan shares have lost almost 30% because the global COVID-19 pandemic has hit the global economy, and the US Federal Reserve has cut rates to zero greatly reducing the profitability of […]
Next
Agricultural holding “Industrial Milk Company” (IMC) is planning to raise $ 20 million funding from the European Bank for Reconstruction and Development for appending of the floating capital. According to the bank’s website, the board of directors plans to consider the relevant draft at the meeting on April 20. The total cost of the project […]
Next
The Council of the European Union is set to approve two EU legislative acts on Tuesday, February 24, providing Ukraine with a €90 billion loan. The measures will allow technical work on the loan to continue even as Hungary blocks a third bill required to complete the process. This was stated by European Commissioner Valdis […]
Next
Shares of Zoom Video Communications, which rose 716% over the past 12 months, rose 5.8% during trading on Monday, but closed with an increase of 1.23%. This is very different from the general decline in the market on Monday – major US stock indexes closed lower: the S&P 500 by 1.86%, the Dow Jones by […]
Next
Microsoft will stop supporting Windows 10 on October 14, 2025. This was reported by the company’s press service. Thurrot writes that this means the date of the “death” of Windows 10. The publication adds that the new generation of operating system, which Microsoft will present next week, will not be called Windows 10, at least, […]
Next
The Digital Future Investment company became a co-investor in the startup YouAppi round “B”. According to the CEO of the Digital Future, Alexei Vitchenko, this is the first transaction of the Ukrainian investment company in the “B” round level. The deposit amount is not disclosed. American-Israel YouAppi service was founded in 2011. YouAppi technology is […]
Next
In temporarily occupied Crimea, gas stations have restricted the sale of AI-95 gasoline due to shortages, The Moscow Times reports. According to local residents, this type of fuel has disappeared from most stations, while at those where it is still available, sales are mostly made using vouchers issued by companies. The price of AI-95 has […]
Next
The European automotive market began 2026 in decline: in EU countries, the United Kingdom, and the European Free Trade Association (EFTA), 961,382 new cars were registered in January — 3.5% fewer than a year earlier, according to Carscoops. Sales of Tesla in the region fell by 17% to 8,075 vehicles. The company’s market share declined […]
Next
In the United States, Ford Motor Company announced a large-scale recall of nearly 500,000 Ford Edge and Lincoln MKX vehicles and more than 105,000 Mustang vehicles. According to Reuters, the first recall is due to a possible malfunction in the braking system, while the second is due to a failure of the exterior lighting. In […]
Next
Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]
Next
Ukrainian companies need to boldly experiment with artificial intelligence (AI). Success will belong not to those with the most powerful model, but to those who integrate it most effectively into their processes. This was discussed during a panel at this year’s Forbes Tech 2025, according to the press service of Metinvest. The discussion featured Oleksii […]
Next
For the three quarters of 2021, the budget was overfulfilled in terms of revenues by 5.3%, or UAH 46.65 billion, from the plan and exceeds last year’s level by 20.8%. This was reported on the website of the State Treasury. In particular, in September the budget was overfulfilled by 6.4%, or UAH 6.2 billion, and […]
Next
The United States has given Germany a six-month deadline to resolve the issue of Rosneft’s German assets, allowing them to be temporarily exempted from U.S. sanctions, Bloomberg reported, citing informed sources. The Trump administration has indicated to Berlin that it is considering issuing a limited, non-renewable general license for Rosneft Deutschland. German authorities are currently […]
Next
Hyundai Motor Company and General Motors have unveiled initial plans for five jointly developed vehicles. Four of the vehicles — a compact crossover, a sedan, a pickup truck, and a mid-size pickup — are targeted at markets in Central and South America. All models will be available with both gasoline engines and hybrid powertrains. The […]
Next
TUI will receive another 1.2 billion euros in state aid in connection with the effects of the coronavirus pandemic, the press service of the travel concern said. “The € 1.2 billion stabilization package strengthens the group’s position, providing sufficient liquidity in an unstable market environment. This applies to both the tourist season of the winter […]
Next
Rising prices for memory chips are significantly affecting the production cost of smartphones. According to analysts at Counterpoint Research, in the first quarter of 2026 the cost of memory for manufacturers of budget smartphones could increase by 25%, reaching about 43% of the total cost of components. This estimate is based on a typical configuration […]
Next
