Tesla's Q2 deliveries hit a record for the second quarter, why did the stock price plunge 7.49%?
On July 2, 2026, Eastern Time, Tesla released its second-quarter delivery data that excited the market — global deliveries reached 480,126 vehicles, up 25% year-over-year and 34% quarter-over-quarter, marking the company's strongest second-quarter performance in history. This figure far exceeded Wall Street analysts' consensus expectation of about 406,000 vehicles, surpassing it by over 74,000 vehicles. However, during U.S. stock trading on July 2, Tesla's stock price closed sharply down 7.49% a





















