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Tesla Q2 deliveries dropped Y/Y while stock flies
On July 2, $特斯拉 (TSLA.US)$  surged to its highest levels since January after releasing second-quarter production and delivery numbers that exceeded analysts' expectations. Show More
On July 2, $特斯拉 (TSLA.US)$  surged to its highest levels since January after releasing second-quarter production and delivery numbers that exceeded analysts' expectations. The stock rallied for a third straight day, bringing their gains for the week to 23% and almost wiping out their 2024 loss.

Tesla reported it produced approximately 411,000 vehicles and delivered around 444,000 vehicles in Q2, leading to a surge in stock prices after the delivery release. The firm delivered 466,000 in the same period last year.

Analysts believe "the worst is in the rear view mirror for Tesla." The Q2 deliveries and the August unveiling of the Robotaxi will serve as catalysts for Tesla. Also, the market will pay close attention to its Q2 report on July 23.

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