Tesla shares jumped after promises of Elon Musk

Tesla shares jumped after promises of Elon Musk

Tesla shares soar after Elon Musk promises profitability

Description video:
Roger McNamee, Elevation Partners co-founder, and Scott Galloway, L2 CEO, discuss their outlooks on Tesla stock after its second-quarter earnings beat, and whether or not they bought Elon Musk’s apology during the earnings call.

Tesla shares jumped after promises of Elon Musk

Tesla shares jumped more than 6% Thursday after Electrek, a news website about electric vehicles, reported that CEO Elon Musk said the company had "There is a chance" deliver 100,000 vehicles this quarter, a new record.

This is what follows from Musk’s email to Tesla employees that came to Electrek. Musk writes: «We have a chance to deliver 100,000 vehicles for the first time this quarter, which is an incredibly exciting milestone for our company.!».Tesla shares jumped after promises of Elon Musk According to him, the number of orders exceeds 110 thousand..

The CEO also reportedly added: «The challenge is to make sure we have the right vehicle options in the right locations and make the most of our company’s resources to complete deliveries in the current quarter».

The automaker is expected to announce its quarterly vehicle deliveries in the next few days.

Tesla shipped about 95,000 electric vehicles last quarter.

Tesla predicts that the company will ship between 360,000 and 400,000 vehicles worldwide throughout the year..

The automaker has 12 ratings according to Bloomberg «buy», nine ratings «Keep» and 14 ratings «sell» from analysts, with a consensus price of $ 271.18.