Tesla beat its own record in Q1 2021

April 05, 2021
Tesla beat its own record in Q1 2021

Tesla continues to be on an upward trajectory

The electric carmaker’s stock price, Tesla, gained more than 6% after it posted figures which topped expectations.

Tesla revealed that in the first quarter of 2021, it announced that it delivered 184,000 vehicles and produced 180,338 cars. According to estimates, analysts were expecting Tesla to deliver 168,000 cars. In Q1, it passed the 180,570 deliveries record that it set in Q4 2020.

Despite the COVID-19 pandemic, Tesla’s sales in China more than doubled last year. The figures came in at $6.66 billion.

However, Tesla stock price is down more than 9% in 2021.

Source: cnbc.com

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