The decision to expand production comes on the heels of second-quarter vehicle deliveries that exceeded estimates.
Tesla expects to increase production of its electric cars at its Fremont, California auto plant, according to an internal email. The decision comes after the company beat Wall Street delivery estimates in the second quarter, hitting a new record. Production may reach 500,000 vehicles globally in 2019 if its new factory in China can reach"volume production." Watch Tesla trade live here. Tesla stock rose as much as 1.
Tesla expects to increase production of its electric cars at its Fremont, California auto plant, according to an internal email. The decision comes after the company beat Wall Street delivery estimates in the second quarter, hitting a new record. Production may reach 500,000 vehicles globally in 2019 if its new factory in China can reach"volume production." Watch Tesla trade live here. Tesla stock rose as much as 1.
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