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"After delivering 25,051 vehicles during the first quarter" ... they delivered 22,000 vehicles in the second quarter.

That sounds like a 12% decline to me. It sounds like a 12% decline to Goldman Sachs. I am not sure what you call it.

Car sales can be seasonal, or like Tesla said in their press release, they where supply constrained by their new 100 kWh battery. Just comparing numbers from the last two quarters is not really very informative. The previous quarter was an increase, the one before that a decrease, the one before that a substantial increase. More important is a trend. And I see a plateau when looking at the mast four quarters.

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