Tesla shares are on track for their strongest week since May, driven by a series of developments concerning the EV maker’s robotaxi business that have bolstered investor sentiment. The stock surged approximately 5%, representing Tesla’s most significant weekly increase since early May. The rebound follows investor concerns regarding diminishing auto profits, substantial expenditures on AI, Read More
Tesla reported vehicle deliveries and production levels for the second quarter that significantly surpassed Wall Street expectations, as Elon Musk’s automaker seeks to recover from consecutive annual declines in auto sales. Here are the essential figures: Total Q2 vehicle deliveries amounted to 480,126. Total Q2 vehicle production: 451,758 Analysts had anticipated approximately 406,600 deliveries, as Read More
