Tesla Misses Delivery Target Again, Adding to Elon Musk's Woes
Tesla's latest production and delivery figures fell more than expected, with 384,122 Teslas delivered from April to June, a 13.5% drop from last year. This setback comes amidst criticism from President Trump and challenges to Musk's political stance.
Tesla's production and deliveries figures showed a 13.5% drop in the second quarter compared to the same period last year, with 384,122 Teslas delivered from April to June. Wall Street analysts expected about 1,000 more deliveries.
Elon Musk faced criticism from President Donald Trump and US congresspeople for his opposition to a Senate-approved bill. Musk, the world's richest man, is the CEO of Tesla, SpaceX, Starlink, and Twitter (rebranded X).
Despite challenges, analysts believe Tesla's future is bright with technology innovations on the horizon. Tesla stock rose 4.5% after a 5% fall earlier in the week. Financial details will be released later this month.
According to the source: Sky News.
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