Tesla's Market Dynamics: Gains Amid Shifting EV Landscape

Tesla's stock rallies as delivery numbers beat expectations, despite increased competition and market share decline.

Goldman Sachs raises Tesla's price target to $248, citing higher delivery estimates and full self-driving potential.
Tesla's U.S. EV market share falls below 50% for the first time amid heightened competition.
Second-quarter deliveries surpass Wall Street expectations, fueling a 10-day stock rally.
Tesla's inclusion in China's government procurement list boosts Model Y sales.
Investors anticipate further growth from upcoming robotaxi unveiling and AI advancements.