According to the Futu Securities News App, as of Wednesday, Tesla's (TSLA.US) stock price has risen for 11 consecutive days. The stock fell slightly in early trading, but rebounded and closed up 0.35% at $263.26.

Better-than-expected delivery results, increased sales of battery storage products, and optimism about Tesla's August 8th robot taxi event all contributed to the rise in stock price. Wall Street also chipped in. Since the delivery data was announced on July 2, analysts have raised their target price at least eight times, with an average increase of about $45. On Wednesday, Goldman Sachs analyst Mark Delaney raised Tesla's stock price target from $175 to $248 and maintained a "hold" rating.

However, the stock fell in after-hours trading, possibly because according to data provider Cox Automotive, Tesla's market share in the United States has dropped below 50% for the first time. Cox typically releases detailed electric vehicle sales reports 10 days to two weeks after a quarter ends. Its full second-quarter EV report has not yet been released, which will show which companies have achieved the largest growth.

Despite falling below 50% market share, Tesla remains the largest electric vehicle seller in the United States and far ahead of its competitors. In the first quarter, Tesla sold about 0.14 million EVs in the US, with a market share of about 52%. Ford, ranked second, sold 0.02 million all-electric vehicles in the first quarter. Tesla's EV market share in Europe and China is about 20% and 10%, respectively.

Another noteworthy news is that Tesla has announced an increase in car prices in some European countries, such as Germany and Spain. Due to the EU's tariffs on Chinese-made electric cars, Tesla raised the price of its Model 3 cars in European countries such as Germany, the Netherlands, and Spain by about €1,500 ($1,622), depending on the model. Tesla had warned in June that it might increase car prices from July due to the impact of tariffs, with tariffs reaching 37.6% for different automakers. The European Commission said that Tesla's cars should have been subject to a 20.8% tariff, but has requested a recalculation of its tax rate.

Siasun Robot&Automation: Despite falling below 50% market share, Tesla remains the largest electric vehicle seller in the United States and far ahead of its competitors. In the first quarter, Tesla sold about 0.14 million EVs in the US, with a market share of about 52%. Ford, ranked second, sold 0.02 million all-electric vehicles in the first quarter. Tesla's EV market share in Europe and China is about 20% and 10%, respectively.

Another noteworthy news is that Tesla has announced an increase in car prices in some European countries, such as Germany and Spain. Due to the EU's tariffs on Chinese-made electric cars, Tesla raised the price of its Model 3 cars in European countries such as Germany, the Netherlands, and Spain by about €1,500 ($1,622), depending on the model. Tesla had warned in June that it might increase car prices from July due to the impact of tariffs, with tariffs reaching 37.6% for different automakers. The European Commission said that Tesla's cars should have been subject to a 20.8% tariff, but has requested a recalculation of its tax rate.