Tesla is expected to deliver 438,019 vehicles for the April to June period, potentially marking two consecutive quarters of decline as competition in China and slow demand persist.
Barclays analyst Dan Levy anticipates an 11% drop in second-quarter deliveries, Tesla's largest decline, highlighting the challenging environment for the company.
Some analysts foresee Tesla's first annual sales decrease this year, attributing it to stiff competition, slow demand, and the shift towards cheaper hybrid vehicles.
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