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What the Tesla Delivery Numbers Mean for the Stock

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Let's talk about the Tesla deliveries, which were released Friday, July 2 around the same time that futures reacted to 

Tesla delivered 201,250 new cars over the three months ended in June, the company said in a Friday statement, up more than 122% from last year and 9% higher than the 184,870 reached in the first quarter.

The second-quarter total was comprised of 199,360 Model 3 and Model Y sedans, Tesla said, and just 1,890 of its higher-priced Model S and Model X. 

Kenny Polcari, managing partner at Kace Capital Advisors, explains his thoughts on Tesla. 

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