{"id":166851,"date":"2023-07-04T01:25:06","date_gmt":"2023-07-04T06:25:06","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/07\/tesla-extends-blistering-rally-after-quarterly-deliveries-beat"},"modified":"2023-07-04T01:25:06","modified_gmt":"2023-07-04T06:25:06","slug":"tesla-extends-blistering-rally-after-quarterly-deliveries-beat","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/07\/tesla-extends-blistering-rally-after-quarterly-deliveries-beat","title":{"rendered":"Tesla extends blistering rally after quarterly deliveries beat"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/tesla-extends-blistering-rally-after-quarterly-deliveries-beat2.jpg\"><\/a><\/p>\n<p>July 3 (Reuters) \u2014 Tesla <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/TSLA.O\" target=\"_blank\" class=\"\">(TSLA.O)<\/a> shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk\u2019s plan of boosting volumes through discounts was working.<\/p>\n<p>The day\u2019s gains lifted the top U.S. electric-vehicle manufacturer\u2019s market capitalization by around $57 billion to $887 billion.<\/p>\n<p>At $277, the stock has already more than doubled in value this year and risen far above price targets set by analysts, prompting caution from some brokerages that margins will suffer because of the aggressive discounting spree.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>July 3 (Reuters) \u2014 Tesla (TSLA.O) shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk\u2019s plan of boosting volumes through discounts was working. The day\u2019s gains lifted the top U.S. electric-vehicle manufacturer\u2019s market capitalization by around $57 billion to $887 billion. At $277, the stock has already more [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2019,17,1491],"tags":[],"class_list":["post-166851","post","type-post","status-publish","format-standard","hentry","category-elon-musk","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/166851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=166851"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/166851\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=166851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=166851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=166851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}