Tesla announced on Monday that it began deliveries of its Model Y, its first crossover SUV.
With the news, Tesla is said to be meeting expectations of market-watchers and is seen as performing well when a number of automakers are experiencing delays in production over the coronavirus.
Tesla shares dropped 14.41% at 2:28 pm ET amid the COVID-19 crisis which led all major US indexes to drop, but the shares remained 92.87% higher over the past six months.
