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 percent to a new high for 2023 after the electric car maker said its deliveries in the most recent quarter rose 83 percent compared with the same period last year. Tesla cut prices several times on its four electric vehicle models and buyers took advantage of U.S. government tax credits. Tesla was pummeled in 2022, pushing shares down nearly 70 percent .

https://business.inquirer.net/408468/tesla-shares-near-300-on-spike-in-deliveries-deal-with-major-automakers

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