Tesla Reports Q2 Deliveries, Joins Rivian Automotive, Archer Aviation And Other Big Stocks Moving Higher On Tuesday – Tesla (NASDAQ:TSLA)

U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Tuesday.

Shares of Tesla, Inc. TSLA rose sharply in today’s session after the company reported second-quarter production and delivery figures.

Texas-based Tesla reported second-quarter deliveries that declined from a year ago, although improving from the first quarter.

Tesla shares jumped 8.6% to $227.82 on Tuesday.

Here are some other big stocks recording gains in today’s session.

• Wheels Up Experience Inc. UP shares jumped 46.3% to $3.25 despite a lack of company announcements from the session. The company last week announced a new streamline product portfolio in connection with Delta Air Lines Inc DAL, a strategic partner of the on-demand private aviation company.
• Lufax Holding Ltd LU surged 16% to $2.82.
• Nikola Corporation NKLA gained 14% to $8.43. For the second quarter,  Nikola, via the HYLA brand, wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks, above the high end of truck sales guidance of 60 units. 
• Century Aluminum Company CENX shares rose 12% to $18.67.
• Archer Aviation Inc. ACHR gained 10% to $3.7590 after the company announced it received an additional $55 million investment from Stellantis following its recent flight test milestone.
• DouYu International Holdings Limited DOYU rose 9.7% to $12.65.
• Viasat, Inc. VSAT gained 9.6% to $13.78.
• Iris Energy Limited IREN rose 8.7% to $13.72 after the company on Monday provided a business update and announced that the 2024 expansion was fully funded.
• Clear Channel Outdoor Holdings, Inc. CCO gained 8.7% to $1.5550.
• Rivian Automotive, Inc. RIVN climbed 7.5% to $14.97 after the company released second-quarter production figures.

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