Tesla's First-Quarter Deliveries Crush Estimates

Shares of electric-car maker Tesla (NASDAQ: TSLA) are soaring in after-hours trading on Thursday. As of 5:23 p.m. EDT, the stock was up more than 18% -- about $85 per share higher than the $454.47 price it closed the trading day at.

The stock's steep rise was driven by the release of Tesla's first-quarter delivery numbers, which crushed analysts' consensus estimates.

Image source: Tesla.

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Source Fool.com