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Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop - TL;DR CNBC

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 muskdonald trumpbreaking news: technologyclimatedonald j. trumptechnologytesla incventure capitalbusiness newsautos

Source: https://www.cnbc.com/2025/07/02/tesla-tsla-q2-2025-vehicle-delivery-and-production-numbers.html


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