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Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 sales

Tesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attributed the sell-off to profit booking after the stock's recent rally, with investors now focusing on Tesla's AI, robotaxi and self-driving ambitions for future growth.

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Economic TimesLean R·2h ago
Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 sales
Tesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attributed the sell-off to profit booking after the stock's recent rally, with investors now focusing on Tesla's AI, robotaxi and self-driving ambitions for future growth.
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Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 sales

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