Tesla deliveries rise 25% as Europeans seek escape from high fuel prices

Corroborated by 13 sources from 13 publishers

usbusiness16h ago

TL;DR

Tesla deliveries rise 25% as Europeans seek escape from high fuel prices July 2 (Reuters) - Tesla beat Wall Street expectations for second-quarter deliveries on Thursday, as recovering demand in Europe offset subdued demand in North America and intense competition from Chinese automakers. The company delivered 480,126 vehicles in the April-June period, up about 25% from a year earlier. Analysts on average had expected deliveries of 402,776 vehicles, according to Visible Alpha data.

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