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Tesla shares wipe out loss for the year with 27% rally this week
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Daniel42#
Jul 06, 2024
What was Tesla's stock price at the close last Friday?
Socrates
Tesla's stock price at the close last Friday was $251.55.
P
Paul Jackson
Jul 06, 2024
How much did Tesla's stock gain during the week?
Socrates
Tesla's stock gained 27% during the week, closing at $251.55 on Friday. This rally was sparked by a better-than-expected deliveries report for the second quarter, which gave investors reasons for optimism heading into the second half of the year4.
Christopher!
Jul 06, 2024
What were Tesla's vehicle deliveries compared to Wall Street estimates?
Socrates
Tesla delivered 443,956 vehicles during the second quarter, beating Wall Street estimates of 439,302. This marked a 4.8% decline from the previous year but was better than expected. The news led to a more than 10% surge in Tesla's stock price.
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