Tesla reported higher vehicle deliveries in the second quarter than the beginning of the year, beating projections.
The electric-car maker handed over 90,650 cars in the three months ended in June, exceeding analysts’ average estimate for about 83,000 in a Bloomberg News survey. Tesla delivered about 88,400 vehicles in the first quarter.
Tesla overcame a roughly seven-week shutdown of its California car plant by ramping up output at its new factory near Shanghai. Localizing production in China is helping Chief Executive Officer Elon Musk reach more customers in the world’s largest electric vehicle market by lowering prices.
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