Tesla, Inc. (TSLA)
Tesla deliveries plunge 14% in latest quarter, and Elon Musk faces 2nd straight annual sales drop
Tesla posted another big drop in quarterly deliveries on Wednesday as demand falters due to backlash over Musk's political stance and an aging vehicle lineup.
Why Musk's Clash With Trump Matters for Tesla Investors
TSLA tumbles as Musk's escalating feud with Trump sparks investor anxiety ahead of a weak Q2 delivery report.
Tesla reports double-digit drop in second quarter vehicle deliveries
Tesla Inc (NASDAQ:TSLA) reported a 14% year-over-year decline in vehicle deliveries for the second quarter, hit by rising competition and boycotts due to CEO Elon Musk's involvement with the Trump administration. The company delivered approximately 384,000 units in Q2, slightly below the Wall Street consensus of 385,000 vehicles.
Tesla faces second straight year of falling sales after another bad quarter
Tesla delivered 384,122 vehicles in the second quarter of this year, wrapping up another weak quarter for the company as it struggles to bring the pace of sales back up to the level it was at in 2023.
Tesla's delivery numbers are out — and they're just as bad as Wall Street predicted
Tesla released its second-quarter vehicle delivery numbers on Wednesday. The company delivered 384,000 EVs, just below analysts' estimates.
Tesla's quarterly deliveries fall sharper than analysts' estimates
Tesla reported a sharper-than-expected fall in second-quarter deliveries on Wednesday, as intense competition and backlash against CEO Elon Musk's political stance hit global demand for its aging electric-vehicle lineup.
Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
Tesla reported a second straight year-over-year decline in vehicle deliveries for the second quarter. Tesla shares are down 26% so far this year as of Tuesday's close, the worst performance among tech's megacaps.
Tesla Vehicle Deliveries Shrank 13% Last Quarter — A Historic Decline As Elon Musk's Troubles Mount
The quarterly vehicle delivery numbers, one of the key barometers of the company's success, come the same week as Musk's staredown intensified with Trump, a one-time close ally. Musk, who spent more than $200 million last year to help elect Trump, loudly disagreed with Trump's spending bill which passed the Senate on Tuesday.
Xpeng defies China's EV price war with steady sales as Tesla and local rivals try to keep pace
Xpeng reported an eighth-straight month of more than 30,000 monthly vehicle deliveries amid a fierce price war in China. Xpeng's U.S.-listed rivals, which target a more premium segment of China's car market, saw more modest sales momentum.
Is Tesla Still the EV King?
Tesla TSLA has been a polarizing stock over the last decade, delivering massive gains for investors as we increasingly shift toward EVs.
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
Tesla shares dropped 7% from Friday's closing price of $323.63 to the $300.71 close on Tuesday ahead of the company's second-quarter deliveries report. Wall Street analysts are expecting Tesla to report deliveries of around 387,000 — a 13% decline compared to deliveries of nearly 444,000 a year ago, according to a consensus compiled by FactSet.
Tech Stocks Fall, Led by Tesla, and the Market Slips From All-Time High
‘Magnificent Seven' tech stocks weighed on the S&P 500 and Nasdaq; Elon Musk sparred with President Trump over the tax-and-spending bill.
