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Ford (F) Q2 US EV Sales Trail Only Tesla: Buy The Stock Now? [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
At least, that's what we can draw from second-quarter EV sales in the United States. Most of the auto biggies reported impressive U.S. EV deliveries. The e-mobility giant Tesla TSLA delivered 443,956 cars worldwide in the second quarter, beating analysts' expectations of 439,000 as compiled by FactSet. Just behind Tesla was the legacy automaker, Ford F, in terms of EV sales in the United States in the June end quarter. It was the #2 EV brand in the country, topping its crosstown rival General Motors GM, which itself reported record EV deliveries in the quarter under discussion. While high prices and inadequate charging infrastructure remain concerns for zero-emission vehicles, the outlook for the EV market is more optimistic than previously believed. The long-term future of mobility clearly leans toward electrification. And Ford is making considerable strides to maintain a strong footing in the EV market. In this write-up, we will take a look at Ford's robust EV sales, explore t
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