Tesla’s next big vehicle release has been delayed again

[Yoni Heisler]

• The Tesla Semi won't enter mass production until 2021.
• Initially unveiled in late 2017, Tesla's semi-truck was supposed to enter production in 2019.
• The Tesla Semi delay aside, Tesla this week posted a surprisingly strong earnings report.
• Visit BGR's homepage for more stories.

Tesla's earnings report yesterday was mostly good news. Defying expectations yet again, the electric automaker posted better than anticipated sales and managed to eke out a $16 million quarterly profit in the process. And while that figure isn't exactly earth-shattering, it's certainly encouraging given Tesla's long history of losing money quarter after quarter.

All told, Tesla during the March quarter saw revenue hit $5.9 billion as the company delivered 88,400 vehicles. Breaking things down even further, the Model 3 and Model Y accounted for 76,200 of those deliveries while cumulative deliveries for the Model S and X checked in at 12,200 units.

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Tesla’s next big vehicle release has been delayed again originally appeared on BGR.com on Thu, 30 Apr 2020 at 20:08:47 EDT. Please see our terms for use of feeds.

Via BRG - Boy Genius Report