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It is expected that the deliveries in the second quarter will decline for two consecutive quarters, but the improvement of deliveries in the same industry has driven Tesla's stock price up nearly 7% at one point.
Analysts believe that the cooling of the electric vehicle market and the outdated models are the reasons for the decline in Tesla deliveries. However, due to the strong delivery and stock price increase of Chinese electric vehicle peers such as NIO and Ideal, Tesla's stock price rose more than 6% on Monday, and if the momentum continues, it will achieve five consecutive days of increase. In addition, some analysts believe that investors are still focused on the long-term and are looking forward to Tesla's expected release of Robotaxi in August.
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