Tesla Deliveries Could Top 500,000 in 2020

Tesla (NASDAQ: TSLA) impressed investors on Thursday, reporting second-quarter vehicle deliveries that were far ahead of analysts' estimates. The feat was particularly notable since the company's main factory in Fremont, California, was shut down for the first half of the quarter.

While the delivery numbers bode well for the company's second-quarter financial results, which Tesla likely won't release until late this month, the update also suggests the automaker has a shot at hitting its pre-pandemic full-year target of more than 500,000 deliveries in 2020 after all.

Tesla vehicles. Image source: Tesla.

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Source Fool.com