Fast Money starts right now.

Live in the NASDAQ market site overlooking New York City's Times Square.

I'm Melissa Lee.

Trader on the desk are Tim Seymour Carter-Wirth, Mark Tepper, and Dan Nathan.

Tonight on Fast, the S&P 500 closing at a record

hack for the second straight day as a bull run rage is on.

And there is one name that has lagged the market for the last decade

that the Chartmaster says is about to break out.

You won't believe what it is. We start off

with breaking news out of Tesla charging higher after the company reported

delivery numbers moments ago, record ones at that. Let's get to Phil

about with the very latest on this. Phil.

Melissa Elon Musk said they were close to setting a record for the second quarter and they did in

fact do that.

Here are the important numbers that people are focusing on this afternoon.

Total deliveries coming in at 95,200. The Model 3 numbers, this was what

everybody was focused on of all of these. 77,500. For some context here, Wall Street was expecting 74,100.

So they blew past that number and then Model S and X also stronger than expected, coming in at just

over 17,000. And there's also good news regarding the backlog. In the

release, Tesla says orders generated during the quarter exceeded our

deliveries. Thus we are entering Q3 with an increase in our order backlog.

Ewan Muska said for some time, there is not a demand problem and now they're saying

...