TSL has risen for four consecutive days, delivery times extended, demand increased.

Jin10 data August 12 news, Tesla (TSLA.O) stock price rose on Monday, marking the fourth consecutive day of rise. The company launched an autonomous taxi service in Austin, Texas in June, and the stock price is expected to regain some of the momentum it recently lost. In addition, the company recently extended the estimated delivery date of the Model Y from the recent one to three weeks to four to six weeks. This is a sign of increased orders, and higher demand is good news, but this is the last quarter for car purchases to qualify for a federal purchase tax credit of up to $7,500, which was eliminated in the tax and spending bill passed by Trump on July 4. Some buyers may be eager to purchase before the subsidy expires, which could drive some demand forward.