Tesla (TSLA) shares have shifted gears and are revving higher in Tuesday's session after beating second quarter EV delivery estimates. The EV maker reportedly produced 410,831 vehicles while delivering 443,956 vehicles. Tesla still contends with price wars from overseas EV manufacturers in the Chinese auto market.

Market Domination welcomes Barron's Associate Editor Al Root to talk about the electric vehicle maker's delivery figures and what it may indicate for Tesla's next earnings report on July 17 and its vehicle pricing.

"Part of how they did it is basically just meeting lowered expectations or beating lowered expectations. Estimates always tend to fall headed into the print, that certainly happened this time as well," Root says. "So it was a good quarter, and again, I just think there was so much anxiety over two consecutive year-over-year declines."

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This post was written by Luke Carberry Mogan.