Tesla shares accelerate toward $300 on spike in deliveries and charging deal with major automakers

Tesla shares accelerate toward $300 on spike in deliveries and charging deal with major automakers

SeattlePI.com

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Tesla is roaring back from a dismal 2022 as company shares, which have already doubled this year, were driven higher Monday by a spike in second-quarter deliveries. Shares jumped 7% to a new high for 2023 after the electric car maker said its deliveries in the most recent quarter rose 83% compared with the same period last year. The share price has been on the upswing since Elon Musk announced a new CEO at Twitter in May, and they've been boosted since on a vehicle charging network deal with major automakers and, over the weekend, impressive customer delivery numbers.

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