"Tesla's electric vehicle deliveries totaled 384,000 in the second quarter, narrowly missing analysts' estimates of 389,400. This year-over-year decrease marks a 13.5% decline from 2024."
"The second quarter saw the largest quarterly drop in Tesla’s history, with a decline of 60,000 deliveries compared to the same quarter in 2024, largely driven by industry-wide challenges."
Tesla reported second-quarter vehicle deliveries at 384,000, nearly meeting but still slightly falling short of analysts' expectations of 389,400 vehicles. This represents a year-over-year decline of 13.5% from approximately 444,000 deliveries recorded in the same quarter of 2024. The decline signifies Tesla's largest quarterly decrease in history, driven by factors including assembly line changes and anti-Tesla sentiment. Despite facing setbacks, Tesla's stock is projected to rise by about 5% following the delivery announcement, suggesting investor resilience amid ongoing challenges in the electric vehicle market.
Read at Business Insider
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