Discover how Tesla exceeded delivery expectations and shook up the stock market!
Tesla stock is on fire after the electric vehicle giant reported remarkable second-quarter global vehicle deliveries, beating analyst expectations by a substantial margin. Despite a 4% decrease compared to the previous year, Tesla's stock surged over 9% as investors were pleasantly surprised by the delivery figures. The positive news sent Tesla's stock soaring, reclaiming its 200-day moving average and showcasing strong market performance.
Investors were quick to react to Tesla's impressive delivery performance, pushing the stock price even higher. The surge in Tesla's stock price was fueled by the news that the EV giant delivered 443,956 vehicles during the second quarter, surpassing the analyst consensus estimate of 439,302 deliveries. This significant beat in delivery numbers signaled strong consumer demand for Tesla's vehicles and reaffirmed the company's position as a leader in the electric vehicle market.
Tesla's success in the second quarter not only boosted its stock price but also had a substantial impact on Elon Musk's net worth, increasing by a staggering $10 billion. With the electric vehicle maker's market cap rising by over $150 billion during the rally, Tesla continues to dominate the market and drive impressive financial growth.
Despite fluctuations in Tesla's stock price before and after earnings reports, the company has consistently managed to exceed expectations and maintain strong investor confidence. Tesla's ability to deliver on profits and maintain steady growth trajectory has cemented its position as a key player in the electric vehicle industry, setting the stage for further market disruption and innovation.
Tesla stock reclaimed its 200-day moving average Monday. On Tuesday, the EV giant reported second-quarter global vehicle deliveries.
Shares of Tesla Inc. rose more than 9% Tuesday after the electric-vehicle giant surprised investors by reporting second-quarter deliveries that beat ...
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The EV giant delivered 443956 vehicles during the second quarter, versus an analyst consensus estimate of 439302 deliveries.
Tesla shares climbed in early trading after the electric-vehicle maker said quarterly deliveries fell less than expected. The stock rallied 9.5%, ...
Tesla shares jumped Tuesday as the electric vehicle maker reported second-quarter deliveries above analysts' estimates.
The electric vehicle maker's market cap has increased by over $150 billion during its rally.
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Troy Teslike, an independent researcher with about 150,000 followers on X, had projected deliveries of 423,000 vehicles in the last quarter. The better-than- ...
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The EV giant delivered 443956 vehicles during the second quarter, versus an analyst consensus estimate of 439302 deliveries.
Tesla reported delivery numbers for the second quarter of 2024 Tuesday. The figures were the company's first expectation beat in a year.
General Motors sold a lot more electric vehicles in the second quarter than it did a year earlier, even though sales growth for EVs has slowed down in the ...
Reports of the demise of electric vehicle (EV) sales appear to have been exaggerated. At least that's the conclusion that investors are drawing after ...
The EV giant delivered 443956 vehicles during the second quarter, versus an analyst consensus estimate of 439302 deliveries.
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Despite beating analysts' forecasts, Tesla's Q2 deliveries were down 4.8% from 466,140 vehicles a year earlier and show signs of continued sales decline at the ...
Tesla shares saw more gains Wednesday, after jumping 10% in the previous session.
Elon Musk's EV maker reported better-than-expected deliveries for the second quarter of 2024.
But Guggenheim analyst Ronald Jewsikow is sticking with his bearish stance, even in the wake of upbeat delivery numbers from Tesla (TSLA). The electric-vehicle ...
Shares of electric vehicle (EV) maker Tesla Inc (NASDAQ:TSLA) are 6.2% higher to trade at $245.56 this afternoon, after the company reported the production ...