Tesla delivered 201,250 vehicles worldwide within the second quarter, a report for the electric-car maker led by CEO Elon Musk.

Whereas the corporate doesn’t get away gross sales by area, enterprise appeared wholesome in China.

The majority of the interval’s gross sales had been of the Mannequin 3 sedan and the Mannequin Y crossover, that are produced in Shanghai and Fremont, California.

The Mannequin S sedan and Mannequin X SUV are made solely in Fremont.

China and the U.S. are Tesla’s greatest markets.

“Our groups have finished an excellent job navigating by means of international provide chain and logistics challenges,” Tesla said in a statement Friday.

Quarterly deliveries are one of the carefully watched indicators for Tesla. They underpin its monetary outcomes and are extensively seen as a barometer of shopper demand for electrical autos usually as a result of the corporate is the market chief in battery-powered vehicles.

Analysts surveyed by Bloomberg anticipated Tesla to ship 204,160 autos. The corporate stated its rely was barely conservative and that closing numbers may differ by 0.5 % or extra.

Tesla rose 2.4 % to $694.44 in morning buying and selling in New York. The inventory had declined 3.9 % this yr by means of Thursday, whereas the S&P 500 had superior 15 %.

“This quarter was a powerful efficiency from Musk & Co. and now with a powerful second-half efficiency ought to have the ability to hit greater than 900,000 autos for the yr, which was a significant stretch purpose,” Wedbush Securities analyst Daniel Ives stated in a be aware to purchasers.

Tesla delivered 199,360 of the three and Y fashions within the quarter and produced 206,421. It delivered 1,890 S and X vehicles whereas producing 2,340.

Final month, Tesla celebrated its new Model S Plaid, the corporate’s quickest manufacturing automotive. Musk billed the Plaid as a halo product that proves the prevalence of electrical vehicles.