(Reuters) – Tesla’s revenue saw a surprise rise in the April-June period as it handed over more electric vehicles than analysts had expected helped by price cuts and incentives.
The company on Tuesday reported revenue of $25.50 billion for the three months ended June, compared with $24.93 billion a year earlier. Analysts on average had estimated $24.77 billion, according to LSEG data.
(Reporting by Akash Sriram in Bengaluru, Additional reporting by Hyun Joo Jin in San Francisco; Editing by Sriraj Kalluvila)
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