After releasing its Q2 sales data, Tesla quietly launched a pair of “short shorts” on its official website. The shorts have the iconic Tesla logo on the front, and the design on the back is quite interesting because “S3XY” represents Tesla’s entire model lineup. The shorts are priced at $69.420, and ironically, 420 was the price that Elon Musk planned to privatize Tesla a few years ago, but Tesla’s stock price is now three times that amount, making it a sarcastic message to Tesla shorts. The shorts were available for less than 30 minutes and attracted 30,000 people to participate.
Tesla produced 82,000 cars and delivered 90,650 cars in Q2, exceeding expectations. As a result, Tesla’s stock price hit a new high of $1208.6 per share, up 7.95%. Delivering more than 90,000 cars means that Tesla achieved quarterly growth compared to the previous quarter’s delivery of 88,000 cars, and only a 5% drop YoY. It is worth noting that this achievement was made during the global pandemic, and Model Y has not yet been delivered in China. There are also reports indicating that LG Chem is converting a battery factory in South Korea into one for producing power batteries for Tesla, which means that Tesla is preparing for the delivery of Model Y in China.
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.