Reported about 18 hours ago
Tesla's stock surged by around 5% after the company reported higher vehicle production than anticipated in Q2, despite electric vehicle deliveries falling 13% from last year to 384,122 units. This performance came amid heightened competition and ongoing controversies regarding CEO Elon Musk’s political engagements. Tesla also faced issues post-launch of its robotaxi service, which has drawn both interest and scrutiny.
Source: YAHOO