Tesla Q2 deliveries below expectations
Published: Monday, 04 July 2016
Despite a delivery drop-off, vehicle production was up 20% sequentially, further fuelling lithium demand. The company's ambitious ramp-up plan should still allow it to meet full year delivery targets.
Tesla Motors Inc. reported delivery of 14,370 vehicles in
Q2, 450 fewer than in Q1.The company blamed the lower delivery
rate on an "extreme production ramp […] and the high mix
of customer-ordered vehicles still on trucks and ships at the
end of the quarter".Tesla’s Q2 vehicle production
was 18,345 vehicles, up...