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Tesla shares wipe out loss for the year with 27% rally this week

CNBC • 564 days

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After a dismal start to the year, Tesla's stock has rallied sharply and wiped out its loss for 2023....

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AI Summary

Tesla stock price rises, erases yearly loss, gains 27% for the week. Better-than-expected Q2 deliveries report sparks rally and investor optimism. Second-quarter financial results, automotive gross margins to be in focus during earnings.

Market-Moving

  • Tesla stock price rises, erases yearly loss, gains 27% for the week.
  • Better-than-expected Q2 deliveries report sparks rally and investor optimism.
  • Second-quarter financial results, automotive gross margins to be in focus during earnings.

Key Facts

  • Tesla stock price rises, erases yearly loss, gains 27% for the week.
  • Better-than-expected Q2 deliveries report sparks rally and investor optimism.
  • Second-quarter financial results, automotive gross margins to be in focus during earnings.

Earnings

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