Tesla shares recovered 40% loss and Elon Musk became the richest man again
Investors praised second-quarter deliveries and helped Elon Musk regain his top spot on the list of the world's richest people.
• Tesla (TSLA) stock is making such a strong comeback. After losing a painful 40% between January and the end of April, the electric vehicle maker has nearly recouped all of its losses and is down just 0.8% for the year. Investor optimism helped Tesla recover from such a deep loss, even if the electric car maker did not exceed all expectations.
• Over the past couple of months, Tesla shares have jumped an impressive 75%, or more than $300 billion added to the company's...