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.
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.
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