Carvana SURGES on record breaking sales

41% up in sales, 42% up in revenue

Carvana Co.'s stock surged to an all-time high Thursday after the online used car retailer reported record-breaking second-quarter sales, fueled by a 41% increase in retail units sold and heightened demand driven by new U.S. auto tariffs, boosting revenue 42% to $4.84 billion and exceeding Wall Street expectations.