Tesla Sets Deliveries Record as U.S. Buyers Race for Tax Credit

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Tesla Sets Deliveries Record as U.S. Buyers Race for Tax Credit

Tesla Inc. set a new record for quarterly vehicle deliveries as shipments to Europe and China accelerated and U.S. consumers rushed to buy Model 3 sedans before a federal tax credit shrank in half.

The electric-car maker handed over 95,200 vehicles to customers in the three months that ended in June, exceeding the previous best mark of 90,700 reported for the last quarter of 2018. Tesla’s delivery count easily beat analysts’ average estimate for about 87,700 units.
 
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