Tesla reported a significant drop in quarterly deliveries, with 384,122 vehicles delivered in the second quarter, down 13.5% from the previous year.
Analysts had expected higher delivery numbers, with Tesla's stock falling amid concerns over brand damage in Europe and the US due to Elon Musk's political stance.
The decline in deliveries comes despite efforts to boost demand, such as refreshing the Model Y crossover, but production halts and delays impacted sales.
While Tesla aims to introduce a cheaper model and return to growth, Wall Street anticipates a second consecutive annual sales decline, making it a challenging goal for the company.