Tesla (TSLA) shares gain 6% after Q2 deliveries beat; seen as a 'strong report'

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Chinese EV start-ups surge following June delivery numbers

July 3, 2023 9:03 AM EDT

Shares of Chinese electric vehicle makers Nio (NYSE: NIO), Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) are surging pre-market after the three announced June delivery numbers.

NIO is up 4.2% in pre-market trading Monday after the Chinese automaker announced over the weekend that they delivered 10,707 last month, a 17.4% drop from the same time last year, but a significant 74% increase from numbers reported... More

Tesla (TSLA) delivers 466,000 vehicles in Q2, topping consensus

July 2, 2023 1:13 PM EDT

Tesla (NASDAQ: TSLA) announced that in the second quarter, they produced nearly 480,000 vehicles and delivered over 466,000 vehicles. This beat the consensus of 448,350 deliveries.

Tesla will post its financial results for the second quarter of 2023 after market close on Wednesday, July 19, 2023. At that... More