After a dreadful start to the year, the EV maker has been running on all cylinders on a full charge.

Even when it loses, it still manages to win. Tesla’s sales slumped for the second quarter. But the 5% drop from last year was better than analysts expected, writes Business Insider’s Nora Naughton.

Tesla’s share price surged as much as 10% following the news as Wall Street proclaimed the company’s worst days are behind it, writes BI’s Filip De Mott.

From the market’s perspective, that seems to be the case. After dropping more than 42% and bottoming out in late April, Tesla’s stock has rebounded sharply. It’s up more than 60% in a little over two months.

Tesla’s polarizing CEO also notched a massive victory when investors approved Elon Musk’s $55 billion pay plan.

And even though he hasn’t secured the bag just yet, it’s a testament to the 180 that Tesla has pulled off. After months of people questioning Tesla’s future — including this very newsletter — the EV maker seems to be back on track.