1. Tesla reported record revenue of $10.74 billion in the second quarter, beating analyst expectations. The company delivered 201,250 vehicles in the quarter, up 121% from a year ago. Tesla also posted a net income of $1.14 billion.
2. The electric vehicle maker’s stock price surged more than 2% in after-hours trading following the earnings report. Tesla’s stock has risen more than 60% this year and is up over 260% in the past 12 months.
3. Tesla’s CEO Elon Musk announced that the company is on track to begin production of its new electric Semi truck in 2022. The Semi is expected to have a range of 300 miles to 500 miles per charge.

Read more at Barchart: Dear Tesla Stock Fans, Mark Your Calendars for July 15