Tesla posted what Morgan Stanley called its “first positive surprise of the year” as it beat delivery expectations for Q2 by around 6,000 units.
On Tuesday, Tesla reported its quarterly deliveries at 443,956, beating what Wall Street expected with its consensus figures at 438,019.
The beat was a big step in the right direction for Tesla, which has struggled to post any positive news so far in 2024 in terms of the grand scale. The automaker has struggled with growth, an expected bottleneck in its trek for EV sector domination as it finds itself in between two growth periods.
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