Weekly Update
For you Americans, I hope you had a nice 4th of July! To everyone else, I hope it was a good Tuesday :)
Let’s get right into this week’s news!
Tesla
Tesla released its delivery and production numbers for Q2 and they were above expectations. The company produced about 480k vehicles, 96% of which were either Model 3’s or Model Y’s, and delivered about 460k cars. The company is now over a 1.9 million production run-rate and will be at 2 million in no time. While this seems like a lot, it’s still only 1/10th of the company’s long-term aspirations.