Tesla shares increased in price

06.04.2021

Tesla, a US electric vehicle manufacturer, soared five percent.

At the time of publication, Tesla shares were worth $695.11 per share, and growth compared to the closing level of the previous trading session was 5.07 percent.

At its peak, the company’s shares were worth $714, implying a 7.9 percent rise in price over the previous session.

The growth came against the background of the publication of Tesla’s financial statements for the first quarter of 2021. According to this, car deliveries in the first three months of the year increased by 2.09 times compared to the same period in 2020 – up to 184.8 thousand units.

The company was able to ramp up production, despite disruptions in the supply of microcircuits and other components. The results in the first quarter exceeded the expectations of analysts, who predicted sales of 177.8 thousand electric vehicles.