Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
Publishing timestamp: 2025-07-02 13:07:31
Summary
Tesla reported a 14% decline in vehicle deliveries in the second quarter, but the stock rose nearly 5% as the numbers were better than expected. The company faces competition from Chinese EV makers and political backlash against CEO Elon Musk. Despite challenges, Tesla's market cap is back over $1 trillion.
Sentiment: MIXED
Tickers: TSLA,
Keywords: elon musk, donald trump, breaking news: technology, climate, donald j. trump, technology, tesla inc, venture capital, business news, autos,
Source: https://www.cnbc.com/2025/07/02/tesla-tsla-q2-2025-vehicle-delivery-and-production-numbers.html