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Tesla shares rise on better-than-expected Q2 deliveries report
![Tesla shares rise on better-than-expected Q2 deliveries report](https://dailybusinessinvestor.com/wp-content/uploads/2024/07/240703-Hatch-Baby-rest-1st-gen-sound-machine-al-1120-d5da87.jpg)
That’s great news for Tesla and its investors! The company’s success in the second quarter implies that demand for its electric cars remains strong despite the global challenges. Improved production rates could also suggest that Tesla has efficiently managed or mitigated supply chain issues. Higher deliveries also increase Tesla’s revenue potential, hence the positive reaction from the stock market. Is there anything else you would like to know about Tesla or investing in the company?