Tesla's stock is soaring after it reported record-setting vehicle deliveries last quarter

Tesla shares jumped late Tuesday after the automaker said it delivered and produced a record number of vehicles in one quarter. Wall Street analysts have told investors in recent weeks that while this quarter was likely to meet or exceed expectations, the longer-term outlook is still in question. The California automaker, led by CEO Elon Musk, said it produced a record 87,048 vehicles in the second quarter. It also delivered around 95,200 vehicles for another record.

Tesla shares jumped late Tuesday after the automaker said it delivered and produced a record number of vehicles in one quarter. Wall Street analysts have told investors in recent weeks that while this quarter was likely to meet or exceed expectations, the longer-term outlook is still in question. The California automaker, led by CEO Elon Musk, said it produced a record 87,048 vehicles in the second quarter. It also delivered around 95,200 vehicles for another record.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla says it delivered a 'record' 95,200 cars in the first quarterShares of the company's stock rose more than 6% Tuesday after the production and delivery numbers were released.
Source: BusinessInsider - 🏆 729. / 51 Read more »