Reported about 1 year ago
Tesla exceeded market expectations in Q2 deliveries, leading to a 17% surge in stock prices and causing short sellers to lose $3.5 billion in the past two days. Despite a 4.8% decrease from the same period last year, Tesla delivered 443,956 vehicles, outperforming the estimated 438,019. CEO Elon Musk's wealth increased by $15 billion, with plans for Optimus robots and a vision to push Tesla's market value to tens of trillions. However, reports show Tesla's brand reputation declining due to Musk's behavior, and upcoming financial reports will provide further insight into the company's performance.
Source: YAHOO