Avoiding a loss might be Tesla’s biggest quarterly surprise yet following the Covid-19 pandemic and production disruptions
After Tesla Inc.’s lone U.S. assembly plant went offline this spring as authorities in California shut things down to slow the spread of the coronavirus, many Wall Street analysts doubted the second quarter would be profitable.
But then the electric-auto maker delivered a surprising number of new cars and sport-utility vehicles during the three months that ended on June 30, reporting earlier this month a much smaller decline than analysts had forecast. The company’s shares have continued to soar since, in part, on increased...
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