Tesla Q2 2020 Production & Deliveries ????????

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dimitrijetisma
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Tesla beats everyone's estimates and reports deliveries of 90,650 for Q2 2020. Despite over a month of the Fremont factory being shutdown and a global pandemic, Tesla was able to grow its deliveries by 2% sequentially. My projections indicate the company is still on track to hits its annual 2020 delivery guidance of 500,000+ vehicles. This would be 36% growth from 2019, despite the world falling apart. Tesla was able to report a profit last quarter with deliveries of 88,000... the chance of them reporting another GAAP profit is looking good. What are your thoughts on the quarter?

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LINK - Tesla on HyperCharts: https://hypercharts.co/tsla
LINK - Tesla Q2 2020 delivery report: https://ir.tesla.com/news-releases/news-release-details/tesla-q2-2020-vehicle-production-deliveries

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Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 07/02/2020 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Spotify (SPOT), Arcimoto (FUV), Snap (SNAP) and long Maker & Bitcoin.
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