Shares of the world's most valuable carmaker were up about 7% at $1,126.5 in premarket trading.
Tesla delivered 308,600 vehicles in the fourth quarter, higher than analysts' forecasts of 263,026 vehicles. Zachary Kirkhorn, Tesla's finance chief, said in October it was difficult to predict how quickly the company will be able to boost production at its new factories. "Tesla continues to shrug off the chip supply crunch and clearly has ramped Shanghai at breakneck speed," Cowen analyst Jeffrey Osborne said.
Source: Car News Wire (carnewswire.net)
I mean, will the cars have a build quality better than a Yugo? Because 475,000 recalled last week doesn’t really help anyone think these are well built vehicles.
Good thing the news on the massive recall broke before this. How would the shareholders ever recover.
So does that help anything other than get the rich richer?
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