Hi,Tigers! Welcome to our official column:Daily Discussion! Here you can share your trading ideas, your opinions on market trends,the stocks you like(bullish on)or dislike(bearish on),and your investment performances,etc.. If you leave your thoughts in the comment area, you may receive Tiger Coinsas reward which can be used at Gift Center! Below are Today's Key Takeaways. Good luck with your investing! Feel free to comment & share your ideas on the trading opportunities or the market trends!Bullish or bearish? Just tag the related ticker in the comment, and you stand a chance to win Tiger Coins! $Tesla Motors(TSLA)$ $NIO Inc.(NIO)$
Tesla shares rose more than 1% in premarket trading
Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation