More bad news. Latest data showed a 14% decrease in deliveries, which was worse than the 10%-13% that was expected
https://www.cnbc.com/2025/07/02/tesl...n-numbers.html
In 2023, Elon Musk outlined his expectations forCybertrucksales: “I’d say a quarter million a year is a reasonable guess, and it might be 500,000, I don’t know. We’ll make as many as people want and can affordIn June, they appear to have delivered just about 5k. The judgment regarding Cybercuck demand was quite poor
The company is scheduled to report second-quarter results after the market closes next Wednesday, withanalysts expecting updateson Tesla's robotaxi program thatlaunched last month, as well as on its seemingly delayed plans for amore affordable modelthat wassupposed to launchin the first half of the year.Should be an interesting earnings call next week
Tesla shares were down 1% in recent trading. They are down more than 20% since the start of this year.