Tesla's second-quarter deliveries dropped 14%, but stock rose

From Yahoo Finance: 2025-07-02 12:08:00

Tesla’s second-quarter deliveries dropped 14% year-over-year. U.S. equities were mostly up due to a new U.S.-Vietnam trade deal, but hindered by private sector job decline. Tesla shares rose despite worse-than-expected deliveries. Centene’s warning on enrollments and costs led to lower shares for insurance providers. Stocks rose with U.S.-Vietnam trade deal, despite job decline and healthcare sector weakness. Tesla shares climbed despite lower second-quarter deliveries. Constellation Brands’ stock rose despite missing quarterly estimates. Nike shares surged on U.S.-Vietnam deal. Insurance providers’ shares fell due to Centene’s profit warning. Adobe shares dropped as Figma filed for an IPO. Oil futures rose, gold futures steady, Treasury yield up, dollar stronger against euro, pound, and yen, most major cryptocurrencies up.

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