Tesla's outpacing its electric car competitors, with May demand for Model 3 surprising Wall Street

The month of May saw Tesla continue "to extend its lead vs. a still-small group of true [electric vehicle] competitors," Morgan Stanley analyst Adam Jonas wrote in a note to investors.

A key metric for Tesla's sales bounced back in the spring after a disappointing first quarter, but the company will need consistent strong performance to return its stock back to levels seen earlier this year. Still, Tesla shares are trading close to $200, well below the company's $300-plus share price at the beginning of 2019.

Tesla's advantage? 'It's the software, stupid.'

It wasn't really a surprise. Just a market manipulation.

Just bought some more $tsla at 185... Only up from here 😎

DatHandsomeJerk One picture is worth a thousand words.

It blows minds and turns heads. Everyone that rides in our Model 3 wants one. Love it!

WinstonTuskhill This sounds positive.. from CNBC. what’s the catch?

A bunch of jokers that keep shifting the goal posts every time they miss their shots...which is every time they TAKE their shots! Listening to WallStreet boneheads talking Tesla is like listening to housemates in the psych ward argue about the texture of the earth in Neverland.

$TSLA will earn its price hikes without the help of the morons from CNBC or the stock manipulations of sham analysts.

Not surprising at all

You may need new Wall Street analysts as it seems they’re the only ones surprised

Not surprising at all.

You really had to be on Mars or in the $TSLAQ crowd to be surprised by demand. 🤷‍♂️

TashaARK ARKInvest Tasha, looks like your numbers and assessments were quite spot on! 🥳

GerberKawasaki tesla_truth Teslarati Model3Owners cleantechnica FINALLY some fair unbiased news reporting wooo 🥳🤩

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