Tesla shares surge as second-quarter deliveries beat Wall Street expectations
Tesla shares surged nearly 10% Tuesday after billionaire Elon Musk’s firm reported better-than-expected vehicle delivery numbers in the second quarter.The company delivered a total of 443,956 cars — a figure that marked a 4.8% decline from the same period one year ago. However, deliveries were still better than the consensus estimate of 439,000, according to FactSet data.Tesla’s flagship Model 3 Sedan and Model Y SUV comprised the overwhelmingly bulk of deliveries. 3 Tesla recently issued a pair of recal ...