From MarketWatch:
April 2, 2020 at 4:34 p.m. ET
Model 3, Model Y deliveries reach 76,200, Tesla says
Tesla Inc. said late Thursday it delivered 88,400 vehicles in the first quarter, a performance the company called its “best ever” first quarter and a number only a tad below Wall Street expectations.
Tesla TSLA, -5.62% shares rallied more than 10% in the extended session Thursday after ending the regular trading day down 5.6%.
Analysts surveyed by FactSet expected the company to deliver 89,000 vehicles in the first quarter, including 75,700 Model 3 mass-market sedans.
The company said that production of the next vehicle in its lineup, the Model Y compact SUV, started in January and the first vehicles were delivered last month, “Significantly ahead of schedule.”
Now flipping from childlike with its connotations of wonder and exploration to childish, with its selfishness and uncaring impulsivity we'll note that it appears Elon has achieved his dream of a product lineup designated:
The Silicon Valley electric-car maker grouped Model 3 and Model Y deliveries at 76,200 vehicles for the quarter, and Model S and Model Y deliveries at 12,200 vehicles. In the past, the company has broken down quarterly deliveries by Model 3, Model S, and Model Y.
Tesla said its Shanghai factory, which had closed for a couple of weeks in January, “continued to achieve record levels of production, despite significant setbacks.”...MORE
S3XY
Earlier on the childish front, the FT's Jemima Kelly excoriates Elon on his ventilators BS:
"Coronavirus pandemic ruins outlook for a world of electric and autonomous cars" (TSLA)
Some of the comments are really bad.
The stock is up $62.43 (+13.74%) at $516.90
