Car sales have plunged during the coronavirus, but not at Tesla — skyrocketing the company's status as the world's most valuable automaker (TSLA, GM, F, FCA)

• Tesla blew Wall Street expectations out of the water Thursday when it reported more than 90,000 vehicles sold in the second quarter. 
• The figure was only a slight decline compared to slumps as big as 34% by its Detroit peers. 
• Auto sales have recovered faster than some analysts have expected — but it's not clear how sustainable the resurgence may be. 
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Automakers have released their second-quarter sales numbers from the depths of the coronavirus pandemic, and the results aren't pretty.

The major Detroit automakers reported Q2 numbers this week that fell dramatically across the board. General Motors reported a 34% decline over the same period last year, while Fiat Chrysler saw a 39% slump, and Ford sales were down nearly 34%. See the rest of the story at Business Insider

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