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Tesla says second-quarter deliveries fall 5%
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Tesla says second-quarter deliveries fall 5%
Jul 2, 2024 6:35 AM

July 2 (Reuters) - Tesla said on Tuesday that

its second-quarter vehicle deliveries fell about 5% from a year

earlier as price cuts and incentives failed to lift demand for

its aging models and Chinese rivals gained ground.

The EV maker handed over 443,956 vehicles in the three

months to June 30, 4.8% lower than a year earlier and up 14.8%

from the preceding quarter.

Wall Street on average had expected Tesla to deliver 438,019

vehicles, according to 12 analysts polled by LSEG.

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