Tesla Shares Climb After Musk Tells Staff 100,000 Deliveries Possible

What was the key metric for Tesla's performance in the second quarter?

• Total revenue

• Quarter over quarter comparison

• Year over year comparison

• Market share increase

What is a significant challenge Tesla faces in the US market?

• Lack of consumer interest

• Increasing competition from local manufacturers

• Shrinking federal incentives

• High production costs

What is Tesla's major development project in China?

• Building a production facility in Shanghai

• Partnering with local car manufacturers

• Opening new retail stores

• Launching a new electric vehicle model

How does Tesla plan to compete with mid-range priced electric vehicles in China?

• By offering more luxury features

• By reducing import tariffs

• By establishing local production

• By increasing marketing efforts

What is a potential advantage for Tesla in building relationships with local authorities in China?

• Increased brand recognition

• Access to cheaper raw materials

• Higher import tariffs

• Ability to influence local regulations