SoylentNews

Freeman [soylentnews.org] writes:

https://arstechnica.com/tech-policy/2020/07/tesla-stock-leaps-again-on-unexpectedly-strong-delivery-numbers/ [arstechnica.com]

Tesla has surprised Wall Street again with better-than-expected delivery numbers. The electric carmaker delivered 90,650 vehicles in the second quarter of 2020, up slightly from the 88,400 vehicles delivered in the first quarter. This despite the fact that Tesla's main factory in Fremont, California, was shut down by county officials for the first half of the quarter.

Tesla's stock leapt at the news. After closing at a record high of $1,120 yesterday, Tesla's shares rose above $1,200 in pre-market trading on Thursday morning.

Original Submission