Business · 1h ago
Tesla Q2 deliveries rise 25% year-over-year
Tesla delivered 25% more vehicles in Q2 2024 compared to the same period last year, driven by growing demand in Europe. The automaker did not break down deliveries by model. The results signal continued momentum despite increased competition in the EV market.
Meridian48 take
The headline understates the significance: Tesla's growth is notable given price cuts and fading EV tax credits, but margins remain under pressure.
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