Tesla Q2 BEV Deliveries Hit 480K, Crushing Cantor's ~397K Forecast
TSLA is trading near its 52-week low of $297.38 (14% above the low).
Summary
Tesla delivered roughly 480,126 BEVs in Q2, far above Cantor's ~397K forecast from late June. June alone saw ~208,000 BEVs, up 19% YoY. This is a material positive surprise on the company's core volume metric. The article also notes prediction markets now price a Tesla-SpaceX merger at ~71% by 2028 on Kalshi, up from earlier speculation, and Gary Black suggests SpaceX could make an all-stock bid this year. Robotaxi scaling continues amid Waymo's Bay Area and LA expansion. The delivery beat is the headline number; merger odds add speculative upside.
At the time of this announcement, TSLA was trading at $339.84 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $1.3T. The 52-week trading range was $297.38 to $498.83. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.