Tesla releases second-quarter earnings on July 22nd, revenue forecast not lower than first quarter

July 10, according tomedia reports, after the beginning of the second quarter of the disclosure of electric vehicle production and delivery, Tesla will be released later this month, the second quarter of the results have also been announced. Tesla’s announcement of the second-quarter results on its official website indicates that Tesla’s second-quarter results will be released on July 22, and the regular earnings question-and-answer session will be held at 2:30 p.m. Pacific time, or 5:30 a.m. On July 23, Beijing time.

Tesla releases second-quarter earnings on July 22nd, revenue forecast not lower than first quarter

In the second quarter of this year, the outbreak had a big impact on Tesla, which shut down production of electric cars at its vehicle assembly plant in Fremont, California, and the super plant in Nevada, where electric vehicles were suspended for more than a month, in May.

But delivery of Tesla electric cars did not decline in the second quarter from the first quarter, helped by a big increase in production capacity at the Shanghai superplant and a rapid return to pre-production levels after the Fremont plant resumed production.

Tesla’s July 2 filing with the Securities and Exchange Commission showed that it produced 82,272 electric vehicles in the second quarter of this year and delivered 90,650 to consumers, up from 88,400 in the first quarter and beating analysts’ expectations.

According to documents disclosed by Tesla, the more expensive Model S and Model X delivered 10,600 of the electric cars they delivered in the second quarter of this year, while the lower-priced Model 3 and Model Y delivered 80,050.

Compared to the first quarter of this year, the second quarter model S and Model X deliveries were reduced by 1,600 units, Model 3 and Model Y delivery increased by 3,850 units, in terms of the increase in delivery, the second quarter of Tesla’s revenue, the probability of no lower than the first quarter.

But it remains to be seen how Tesla’s second-quarter revenue will be announced until after the earnings report.