July brought some good news from Tesla Inc. Analyst were amazed with the recent news that Tesla will be delivering a record number of Model 3 in Q2 of 2019.
Reports published on Monday morning, the JMP Securities analyst states Tesla to will report Model 3 deliveries of 43,000+ vehicles in Q2. This is surprising, as it is almost double of Tesla’s Q1 deliveries.
The positive news didn’t get ignore as stocks for Tesla spiked after the news. Currently, as of July 2nd, stocks are trading at $224. We are sure once actual Q2 delivery numbers are released, stock prices will again rise.
Check out CNBC’s review about this stock spike.