Tesla is lapping German automakers in global EV race

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Chevron Corp. released a second-quarter performance update that was better than expected on Sunday, ahead of the oil major's earnings announcement this week.

Tesla is lapping German automakers in global EV race

Germany's automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.'s dominance. Instead, they're only falling further behind. Tesla delivered 889,015 cars in the first half of this year, more electric vehicles than Volkswagen AG, BMW AG, Mercedes-Benz Group AG and Porsche AG sold combined.

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