Tesla (NASDAQ:TSLA) is experiencing a notable surge in its stock price, with shares climbing approximately 20% over the past five trading days.
This upward momentum is largely driven by the company's impressive performance in the second quarter, where delivery numbers exceeded analysts' forecasts.
Investors are also keenly focused on Tesla's future prospects, especially with the highly anticipated robotaxi event set for August 8.
This event is expected to unveil further details about Tesla's advancements in autonomous vehicle technology and its potential implications for the automotive and transportation industries.