{"id":19595,"date":"2020-07-02T17:25:00","date_gmt":"2020-07-02T14:25:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/tesla-crushes-coronavirus-delivery-expectations-stock-soars\/"},"modified":"2020-07-02T17:25:00","modified_gmt":"2020-07-02T14:25:00","slug":"tesla-crushes-coronavirus-delivery-expectations-stock-soars","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/tesla-crushes-coronavirus-delivery-expectations-stock-soars\/","title":{"rendered":"#Tesla crushes coronavirus delivery expectations, stock soars"},"content":{"rendered":"

“#Tesla crushes coronavirus delivery expectations, stock soars<\/strong>”<\/p>\n

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July 2, 2020 |<\/span> 10:25am <\/p>\n

\n Enlarge Image<\/p>\n

\"Tesla<\/img>
\n Tesla CEO Elon Musk<\/span>
\n Brendan Smialowski\/Getty Images<\/span><\/p><\/div>\n

\n Shares of Elon Musk\u2019s electric car company, which have already trip<\/a>led this year, soared another 9 percent on Thursday after the company blew past Wall Street\u2019s second-quarter delivery expectations.<\/p>\n

Telsa said it delivered 90,650 vehicles in the quarter, down just 4.9 percent from the year earlier period, despite factory shutdowns due to the coronavirus. Analysts had been expecting the car company to delivery just 72,000 cars due to the closure of its Fremont, Calif. factory, which resulted in Musk publicly sparring with California officials.<\/p>\n

Shares of Tesla were up 8.7 percent Thursday, at $1,217.84. The stock was trading at $430 at the start of the year.<\/p>\n

The delivery numbers arrive just a day after Tesla topped Toyota to become the world\u2019s most valuable car company by market cap, despite not yet having turned a profit for a full year.<\/p>\n

Of the vehicles sold, 80,050 were Model 3 sedans and Model Y SUVs, while the rest were their top-of-the-line Model S and X cars.<\/p>\n

Thursday\u2019s surge put even more distance between Tesla and the Japanese giant, with Musk\u2019s company now boasting a market cap of $223 billion.<\/p>\n

\u201cJust amazing how well you executed, especially in such difficult times. I am so proud to work with you!\u201d Musk wrote in an email employees on Wednesday, according to CNBC.<\/p>\n

If Tesla can keep its valuation over $200 billion, Musk will unlock the next tranche in his $50 billion pay package. The billionaire executive recently became eligible to cash in on a\u00a0$775 million payday\u00a0from when Tesla\u2019s market cap hit $100 billion in January. Musk earns no salary from Tesla, and instead has a\u00a0pay structure\u00a0which sees him earn large amounts of Tesla stock when the company hits market cap milestones.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Source<\/a><\/span><\/p>\n

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“#Tesla crushes coronavirus delivery expectations, stock soars” July 2, 2020 | 10:25am Enlarge Image Tesla CEO Elon Musk Brendan Smialowski\/Getty Images Shares of Elon Musk\u2019s electric car company, which have already tripled this year, soared another 9 percent on Thursday after the company blew past Wall Street\u2019s second-quarter delivery expectations. Telsa said it delivered 90,650…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[30938,30937],"class_list":["post-19595","post","type-post","status-publish","format-standard","hentry","category-general","tag-stock-soars","tag-tesla-crushes-coronavirus-delivery-expectations"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/19595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=19595"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/19595\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=19595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=19595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=19595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}