95,200... That's the number of Tesla cars that were delivered to affluent, environmentally-conscious, and/or tech-obsessed new owners from April-June. That's more than double the number of deliveries in 2018's 2nd quarter, and the positive result popped shares up 7% Tuesday.
This isn't some earnings report... It's the "Vehicle Production & Deliveries" report — car companies preview their financial results with this crude, raw, meaty, production count. But Tesla's had worries about "weak demand" from the beginning of the year. That's when deliveries fell 31% from the quarter before, and flocks of Tesla doubters started chirping that customers just weren't that into Elon's cars.
If Tesla's not setting records, then something's wrong... Tesla produces a tiny fraction of the number of cars General Motors makes, but its stock by market value is about 80% of GM. It's like a kid measuring her height with a marker against the wall — Tesla better be setting records each quarter. This report signal's Tesla's master plan is more on track.