Tesla Semi truck unveil & test ride set for Oct 26th !

Why Tesla Stock Went Up Again

Not that Tesla necessarily needs help. As the Journal points out, sales of electric vehicles (EVs) and plug-in hybrids in Europe nearly doubled as a percentage of overall sales last year, to 18%. Tesla's biggest challenge at this point will be ramping up production to satisfy all the demand for EVs in Europe.

Granted, as the CEO pointed out last night, "The start of production is nice, but volume production is the hard part." But with Tesla targeting 5,000 to 10,000 cars per week produced by the end of this year, it seems the new German plant will be at least 50% operational -- and potentially even fully operational -- in just eight more months, maxing out its 500,000 car-per-year capacity.

Simply put: Tesla's off to the races in Germany. No wonder investors are excited.