Tesla shares dropped 8.3% to $390 on July 2 despite reporting record deliveries of 480,126 vehicles in Q2. This marks a 25% increase year-over-year but follows declining sales, partly due to consumer backlash against Elon Musk and reduced tax incentives.
Tesla shares dropped 8.3% to $390 on July 2 despite reporting record deliveries of 480,126 vehicles in Q2. This marks a 25% increase year-over-year but follows declining sales, partly due to consumer backlash against Elon Musk and reduced tax incentives.
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