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Higher than expected 2Q deliveries and stable global pricing trends paint a slightly improved picture for demand, notes Andrew Graham. He and Doug Astrop examine Tesla (TSLA) and the E.V. market rally. They talk about the key takeaways from TSLA's 2Q deliveries which came in at 466,140, which is up 83% year-over-year. Andrew mentions that Chinese automakers are gaining share in the domestic market with improved quality, design, and technology. They then go over what TSLA's supercharger deals with Ford (F) and General Motors (GM) means for the E.V. market. Doug highlights that TSLA is the clear leader in the E.V. space, miles ahead of the competition. He also suggests that sales growth was partially fueled by price cuts which will impact margins to some extent. Tune in to find out more about the stock market today.
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