Tesla also stressed it is "well positioned" to grow production and deliveries in the third quarter. "Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct," Tesla stated on its company website.
Amid all of the drama that Tesla investor experienced over the past few years with CEO departures, missed deadlines and Musk's battle with the SEC, is Wall Street finally seeing a turnaround moment?
Jim Cramer breaks down what's different about Tesla's most recent round of deliveries:
"I mean look, Tesla, no analysts really changed their view. It did take off the demand question and demand seem stronger. But I'm going to be with the analysts...don't change your view. I mean, look, I think it does eventually get faded. I think it does fade. Look, this is a market that likes McDonald's, who likes Pepsi, Likes Mondelez. It's market that really is addicted to the consumer packaged goods stocks, not to the autos. And we've got to remember that," said Cramer.