Tesla delivered 90,650 vehicles in Q2 2020, and its stock price surged nearly 10% before market opening.

Tesla announced its production and delivery numbers for Q2 2020, with a total production of 82,272 cars and delivery of 90,650 cars.

Of these, Model S/X produced 6,326 cars and delivered 10,600 cars. Model 3/Y produced 75,946 cars and delivered 80,050 cars.

Compared to Q1, production in Q2 fell by about 20% due to the severe impact of the pandemic, as the Fremont factory was closed for most of the time (Q1 had produced 103,000 cars).

However, Tesla successfully recovered its production to previous levels and still delivered more than 88,400 cars in face of the pandemic impact, which is an impressive result.

Undoubtedly, the Chinese market has played a critical role in achieving such a remarkable performance this quarter.

Following the announcement of production and delivery numbers for Q2, Tesla’s stock price rose by nearly 10% in pre-market trading.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.