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NYTimes BusinessJul 02, 2020
Tesla Shines During the Pandemic as Other Automakers Struggle
The electric carmaker's deliveries fell only modestly as sales in China and other overseas markets nearly made up for lost sales in the United States.

MarketWatch MarketPulseJul 02, 2020
Nio shares rally 16% after electric-car company's above-expectations sales
American depositary shares of Nio Inc. rallied more than 16% Thursday after the Shanghai-based electric-car maker reported second-quarter and June sales above its forecast. Nio said it delivered 3,740 vehicles in June, a 179% increase year-over-year, including 2,476 of ES6s, Nio's small SUV and its most popular vehicle. The company sold 10,331 vehicles in the second quarter, an increase of 191% from the previous-year period. As of June 30, Nio has delivered a total of 46,082 vehicles, with 14,169 delivered in 2020. A close around current levels would be Nio's highest since March 2019 and a fourth straight session of gains for the ADRs.The shares have gained 130% for the year, contrasting with losses of about 3% and 9% for the S&P 500 index and the Dow Jones Industrial Average . Earlier Thursday, Tesla Inc. reported standout quarterly delivery and production numbers, mainly relying on the U.S. company's new Shanghai-based factory.

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MarketWatch Breaking NewsJul 02, 2020
Tesla's stock soars 9% in premarket after second-quarter deliveries data
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