Tesla's stock is soaring after it reported record-setting vehicle deliveries last quarter

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Tesla's stock is soaring after it reported record-setting vehicle deliveries last quarter
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'We believe we are well positioned to continue growing total production and deliveries in Q3,' the company said in a release on Tuesday.

Tesla shares jumped late Tuesday after the automaker said it delivered and produced a record number of vehicles in one quarter. Wall Street analysts have told investors in recent weeks that while this quarter was likely to meet or exceed expectations, the longer-term outlook is still in question. The California automaker, led by CEO Elon Musk, said it produced a record 87,048 vehicles in the second quarter. It also delivered around 95,200 vehicles for another record.

Tesla shares jumped late Tuesday after the automaker said it delivered and produced a record number of vehicles in one quarter. Wall Street analysts have told investors in recent weeks that while this quarter was likely to meet or exceed expectations, the longer-term outlook is still in question. The California automaker, led by CEO Elon Musk, said it produced a record 87,048 vehicles in the second quarter. It also delivered around 95,200 vehicles for another record.

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