Tesla sales may have declined for two consecutive quarters this year in the face of stiff competition and depleting market share, but its stock price is rising regardless.
One reason is that the second quarter deliveries beat Wall Street estimates. The other potential reason is the progress Tesla is making with its Full-Self Driving (Supervised) system, which CEO Elon Musk has said is the key differentiator for the company. The brand rolled out its newest version over the weekend, which beta testers say is the best one so far.