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Q2 Deliveries

All articles tagged with #q2 deliveries

business2 months ago•10 min saved

Tesla’s Q2 Delivery Beat Fueled by Gas, FSD, Pricing and Europe

Tesla posted a Q2 2026 delivery of 480,126 vehicles (up 25% YoY) with production of 451,758, led by Model 3/Y, beating Wall Street estimates and ending a two-year slide in deliveries. The beat is attributed to four drivers: rising gas prices boosting EV incentive, increased adoption of Full Self-Driving in Europe, strategic pricing with lower-cost Model 3/Y configurations, and a European recovery supported by incentives and exports from Shanghai and Berlin. The result suggests demand outpacing supply and demonstrates Tesla’s resilience even as the US EV tax credit winds down.

via Teslarati|

#business #full-self-driving #gas-prices

business2 months ago•12 min saved

Tesla's Q2 delivery forecast underscores pivot from car sales to Robotaxi and energy bets

Analysts expect Tesla to report 406,024 vehicle deliveries in Q2 and 13.8 GWh of energy deployments, a figure that reinforces the ongoing shift in narrative from quarterly car-delivery momentum to Tesla’s broader bets on autonomous ride-hailing, FSD capabilities, and energy storage, while acknowledging that the auto business remains foundational.

via Teslarati|

#business #energy-deployments #full-self-driving

business3 years ago•2 min saved

Lucid Stock Plummets as Q2 Deliveries Fall Short of Estimates

Lucid stock (LCID) tumbled as the luxury electric vehicle maker announced second quarter deliveries that missed Wall Street expectations. The company delivered 1,404 vehicles, falling short of the estimated 1,873, and produced 2,173 vehicles in the quarter. Lucid's struggle to meet expectations contrasts with rivals like Rivian and legacy automakers like GM and Ford, which have met or exceeded their EV production targets. The high price tag of Lucid's sole EV, starting at $90,000, may be impacting demand. However, the company did strike a "long-term strategic technology partnership" with Aston Martin to supply components for future Aston Martin EVs.

via Yahoo Finance|

#business #ev-maker #lucid

finance3 years ago•2 min saved

Tesla's Price Target Raised Again, Indicating Positive Outlook for Stock

Jefferies analyst Philippe Houchois raised the firm's price target for Tesla to $265 from $185, citing a consensus view that Q2 will be a trough in auto gross margin. Houchois maintained a Hold rating on the stock, noting a shift in valuation drivers based on Tesla's lead in AI-based self-driving software. Despite recent price cuts, Houchois believes there is still room for growth, especially with potential product refreshes and Tesla's operational performance advantage over legacy OEMs. Tesla is set to release its Q2 earnings results on July 19.

via Yahoo Finance|

#auto-gross-margins #finance #jefferies

business3 years ago•1 min saved

Rivian's Q2 Deliveries Exceed Expectations, Stock Surges

Rivian's Q2 deliveries of 12,640 electric vehicles exceeded expectations and marked a significant increase from the same period last year, when the company faced supply chain challenges. The company also reported producing 13,992 vehicles in Q2, sending its shares up over 16%. Rivian remains confident in meeting its annual production guidance of 50,000 vehicles and has made efforts to improve efficiency and reduce costs within its factory.

via TechCrunch|

#business #electric-vehicles #production

business3 years ago•1 min saved

Chinese EV Startups Nio, Xpeng, and Li Auto Outperform Tesla as BYD Dominates Deliveries

Chinese EV startup Nio reported 10,707 vehicle deliveries in June, a 17.4% decline YoY but a 74% increase from May. For Q2, Nio delivered a total of 23,520 vehicles. Li Auto led in sales among the three startups with 32,575 deliveries, followed by Nio and XPeng with 10,707 and 8,620 deliveries respectively. China's extension of the purchase tax exemption for new energy vehicles comes as the NEV industry faces intense competition and economic challenges.

via Benzinga|

#business #chinese-ev-startups #li-auto

business3 years ago•1 min saved

XPeng's Aggressive Pricing Strategy Sends Shockwaves Through Tesla's Q2 Deliveries

Xpeng, a Chinese automaker, has seen its shares rally over 12% after pricing its G6 SUV below Tesla's Model Y, potentially boosting its market share and becoming one of the best-selling EVs in China. Analysts view Xpeng's pricing strategy positively, predicting it could spur the company to shift 100,000 units each month. Tesla, facing competition in China, is expected to maintain its leading position in Q2 deliveries with around 448,350 cars sold. Second-quarter delivery reports from major EV makers, including Tesla, NIO, and Xpeng, will set the tone for the rest of the year in the EV market.

via Benzinga|

#business #ev-market #pricing-strategy