$Tesla (TSLA.US)$After the market on July 20th, $Tesla (TSLA.US)$announced the second-quarter financial report. As one of the star stocks of the US stock market, Tesla's financial reports are always under close market scrutiny.
So,How does Tesla's latest Q2 report look? Did it exceed market expectations?Let's look at it from three perspectives.
In the second quarter, BYD Company Limited surpassed Tesla in deliveries, with a positive outlook for the second half of the year.
For electric vehicle companies,the most important indicators to observe are always production capacity and delivery volume.Tesla is no exception. In the second quarter of this year, Tesla delivered a total of 254,000 autos, compared to 310,000 in the first quarter, marking the first quarter-on-quarter decline in two years.
In contrast, one of Tesla's main domestic competitors in Shanghai delivered over 350,000 vehicles in the second quarter. $BYD Company Limited (002594.SZ)$sold over 0.35 million cars in the second quarter.The month-on-month growth rate exceeds 20%, surpassing tesla in terms of sales.
Tesla's production declined in the second quarter, mainly due to supply chain issues. In the first two months of the second quarter this year, Tesla's production at the Shanghai factory dropped significantly, while production capacity at the Texas and Berlin factories in usa grew very slowly.
However, in June of this year,Tesla's delivery volume rebounded strongly, reaching a historical high, with Musk still emphasizing the claim of annual delivery growth of over 50% in the coming years.Analysts expect tesla's sales in the second half of the year to rebound strongly, with the third quarter...