Tesla production & delivery report Q2/2020

The Tesla logo is seen on a car at Tesla's new showroom in Manhattan's Meatpacking District in New York City U.S. Dec. 14 2017

Vroom Vroom! Tesla Overtakes Toyota as Most Valuable Automaker as Electric Vehicle Demand Grows REUTERS Brendan McDermid

Tesla built 82,272 vehicles in Q2 and reported delivery of 90,650 vehicles during the second quarter, well above estimates for 74,130 vehicles, according to Refinitiv data. They want the facility shut down for a deep cleaning, and, among other demands, they are asking the Alameda County Health Department to do contact tracing instead of Tesla performing this function, as they allege is the case now.

"Tesla is winning because they have a product that is measurably better than both gas and electric competitors", Gene Munster, a managing partner at venture capital firm Loup Ventures, wrote in a report.

The remarks were made by the Chief Executive Officer of Tesla after the stock surged on the company's record manufacturing and delivery numbers.

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The company also shared their most recent record: making the firm the most expensive vehicle firm ahead of Toyota with a $208 billion valuation.

The Tesla Semi might be coming just at the right time for the automaker, as California last week announced new targets for zero emission trucks. This week, the Tesla CEO sent another email to employees saying that "Breaking even is looking super tight".

In the message to Tesla's roughly 48,000 workers, Musk wrote that it "really makes a difference for every vehicle you build and deliver".

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Even Musk himself tweeted in May that he thought Tesla stock is "too high imo".

The Washington Post reported that by the end of June, Tesla told the workers they had abandoned their jobs and fired them.

Toyota sold 10.46 million vehicles and recorded more than 10 times the revenue of Tesla in 2019. Musk earns no salary from Tesla, and alternatively has a pay structure which sees him earn huge quantities of Tesla stock when the enterprise hits industry cap milestones. That would be significantly higher than the company's sales of 367,500 a year ago. As of this writing, the company has already surpassed Toyota in terms of stock market value, officially making it the world's most valuable carmaker. The automaker had to shutter its factory temporarily during the pandemic, although production is back up and running. At its current price, Tesla has a market value of almost $210 billion.

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