Tesla surged 4.6% on Wednesday — more than $10 a share — on a burst of new confidence after it announced record production of its electric vehicles in the second quarter. But this was insufficient to satisfy the new doyens of death who hover over and analyze every hiccup from Tesla and CEO Elon Musk. As a group, they responded, "Eh."
What's happening: After hours yesterday, Tesla announced that it delivered 95,200 cars last quarter. When you add the cars that were on their way but not yet with the customer, the total surpassed 100,000, an impressive number given the company's age. It puts Tesla on track to reach Musk's 2019 production forecast of 360,000 cars.