Electric automaker Tesla delivered 95,200 cars in its second quarter, a record for the company.
Shares are soaring 7% in premarket trading on the news.
The figure, released Tuesday, met the company’s own goal and easily outpaced the 63,000 cars delivered in the first three months of the year.
It also far surpasses the 40,740 cars delivered to customers in the same quarter one year ago, when Tesla was still struggling to ramp up production of the Model 3, its best-selling car.
Want a Tesla? Time is running out on $7,500 federal tax credit
The latest release follows the biggest drop in sales in the company’s history last quarter. That had sparked concerns that consumer appetite for its electric vehicles was petering out.
Tesla’s stock had been down more than 30% for the year.
