Tesla's second-quarter deliveries fell 13.5%, missing analyst estimates, sparking concerns about future sales

From Yahoo Finance: 2025-07-02 09:08:00

Tesla reported a 13.5% drop in second-quarter deliveries, below analyst expectations. Despite a refreshed Model Y, production delays and competition led to lower sales. Revenue relies heavily on EV business and Musk’s robotaxi vision. A limited robotaxi service launched in Austin, Texas. Shares rose 7% in premarket trading. A cheaper Model Y was delayed, with Wall Street expecting a sales decline this year. To meet growth targets, Tesla must deliver over a million units in the second half – a tough challenge. (Reuters)



Read more at Yahoo Finance: Tesla’s quarterly deliveries fall more sharply than analysts’ estimates