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Tesla Deliveries Beat Estimates On Strong Model Y, Model 3 Demand

Tesla Deliveries Beat Estimates On Strong Model Y, Model 3 Demand

Tesla (NASDAQ: TSLA) said that it delivered 90,650 vehicles in the second quarter of 2020, well ahead of analysts' estimates, led by strong demand for its smaller Model 3 sedan and new Model Y crossover SUV. Combined deliveries of the Model 3 and Model Y totaled 80,050 in the quarter, Tesla said. Tesla's result was well ahead of Wall Street's coronavirus-adjusted consensus forecast of 72,000 vehicles delivered in the quarter.