Tesla Q2 2022 Deliveries $Tesla Motors(TSLA)$
Tesla Total Q2 Deliveries 254,695, Total Q2 Production 258,580.
Q2 Deliveries increased 26.5% YOY Q2 2021 at 201,250 deliveries, decreased 17.9% previous Quarter at 310,048 deliveries. Tesla said June 2022 was its highest vehicle production month in history
Q2 Deliveries of rivals Nio 25,059 (+14.4% YOY), Xpeng 34,422 (+97%), Li Auto 28,687 (+63%).
For month of June, Nio 12,961 EVs delivered, best ever total monthly and its first month with more than 10,000 deliveries since December 2021. Meanwhile Xpeng 15,295 EVs delivered in June 2022, and Li Auto 13,024 EVs for June 2022.
Auto industry in China likely to have rebounded from the latest COVID wave.
Tesla short term resistance at $760, while support at $620, any breech of support could see this stock testing $570 lows from June 2021.
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