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Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

  • Tesla reported a 14% decline in vehicle deliveries to 384,122 units in the second quarter of 2024 compared to last year.
  • This drop followed widespread boycotts linked to Elon Musk's political activities and customers delaying purchases for new Model Y versions.
  • Tesla's second-quarter deliveries were slightly below analyst estimates of 387,000 but better than Q1, which was its worst delivery quarter in two years.
  • CEO Musk acknowledged his government role and far-right endorsements damaged Tesla's brand, while the company prepared to launch upgraded models and test robotaxis in Austin.
  • The delivery decline marks Tesla’s second consecutive year-over-year fall, raising concerns about reaching 2024 sales targets before its July 23 earnings report.
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The bad reputation of the head of the company pushes the business, especially in Europe. Vehicle deliveries fall by 13.5 percent

·Vienna, Austria
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Tesla once again fails to meet the expectations of many market observers. Although production continues to increase, delivery figures remain below the previous year's level. Figures that raise questions about the future of the brand.

·Zürich, Switzerland
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Stocks hit another record as Tesla and Nike rally

NEW YORK — U.S. stocks ticked higher Wednesday, hitting another all-time high.

·Tulsa, United States
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Wccftech broke the news in on Tuesday, July 1, 2025.
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