Tesla said on Thursday that it was able to deliver 90,650 vehicles during the last quarter, despite its Fremont, California factory being partially shut down due to the coronavirus pandemic. Wall Street analysts had expected the electric automaker to only deliver about 72,000 vehicles during the last three months, according to CNBC.
Tesla said it delivered 80,050 of its Models 3 and Y vehicles and 10,600 of its Models S and X vehicles.
In a press release Tesla said: “While our main factory in Fremont was shut down for much of the quarter, we have successfully ramped production back to prior levels.”
The deliveries come a day after Tesla CEO Elon Musk sent out an e-mail congratulating his employees on their amazing execution in such difficult times. Musk also said that the company could break even when it reports its Q2 financial figures later in July. In response, Tesla’s stock soared to its highest level yet.
On Wednesday, Tesla’s valuation edged above Toyota’s, despite its sales only representing a tiny fraction of the Japanese auto giant.