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Tesla Second-Quarter Deliveries Plummet In Second Quarter

  • Tesla reported a 14 percent decline in electric vehicle deliveries for the second quarter, delivering 384,000 vehicles compared to 444,000 in the same quarter last year.
  • The decline continued a trend from last year as the company shifts focus to autonomous driving over new car models.
  • Tesla's shares rose after the news, despite a 17 percent decrease in share value this year.
  • Analysts hold differing views on Tesla's future, with some optimistic about autonomous driving while others expect sales to pick up later this year.

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