
Stock price soared by over 10%, Tesla continues to write the "myth" of electric vehicles

Tesla's second-quarter delivery results exceeded expectations, with the stock price soaring by over 10%. The company delivered 443,956 vehicles, higher than the expected 438,000, with production exceeding sales, easing pricing pressures. Tesla stated that it deployed 9.4 gigawatt-hours of battery storage in the quarter, reaching a historical high. Analysts raised their target stock price, alleviating concerns about soft demand for Tesla. Prior to the delivery results announcement, Tesla's stock price had risen for five consecutive days by about 15%. This increase raised the risk of disappointing delivery results. Overall, Tesla's delivery performance was strong, and the market holds an optimistic view of its prospects
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

