Why did Tesla stock rocket today? Deliveries expectations are running hot
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Tesla (NASDAQ:TSLA) soared after the electric vehicle company's Q4 deliveries report topped expectations and led to speculation over just how many cars it can deliver in 2022. More than 30M shares of Tesla swapped hands during the first trading day of the year.

Morgan Stanley says Tesla (TSLA) delivering 2M vehicles this year to customers is a stretch target that is on the table after the automaker tallied 308K deliveries in Q4 of 2021 amid supply chain pressures. Analyst Adam Jonas also sees a plant mix benefit as Tesla produces vehicles from locations other than Fremont.
The EV sector, in general, had a strong day with more attention being paid to potential green energy beneficiaries from government infrastructure spending.