Reported about 17 hours ago
Tesla's stock increased despite the company reporting Q2 vehicle deliveries of 384,122, which fell short of Wall Street's expectation of 389,407. This modest rise may indicate relief amid concerns about competition from Chinese car manufacturers and CEO Elon Musk's ongoing public dispute with President Trump. Furthermore, despite a year-on-year decrease in deliveries compared to the previous Q2's 444,000, production numbers exceeded expectations, hinting at some optimistic market sentiment.
Source: YAHOO