Tesla Q2 2017 Vehicle Production and Deliveries
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Tesla's (TSLA) Q2 Deliveries Offers More Questions than Answers - Bernstein
July 5, 2017 7:12 AM EDTBernstein analyst Toni Sacconaghi said Tesla's (NASDAQ: TSLA) Q2 deliveries report offered more questions than answers.
Tesla delivered just over 22,000 vehicles in Q2, and total deliveries for 1H 2017 amounted to 47,100, at the low end of Tesla's guided range of 47,000 50,000 units. The company stated that Q2 deliveries were impacted by a severe production shortfall of 100 kWh battery packs.
Sacconaghi notes owned inventory appears to have risen again. He said uncharacteristically, Tesla did not provide in-transit vehicle... More
