Tesla (TSLA) delivered 387,000 vehicles in the second quarter, missing the 430,000-unit consensus and marking a second consecutive quarter of year-over-year decline. The company attributed the shortfall to retooling at its Fremont and Berlin plants ahead of the refreshed Model 3 ramp.
More consequentially, Tesla pushed the commercial launch of its Austin Robotaxi network from August 2025 to mid-2026, citing pending regulatory approvals. CEO Elon Musk said on the call that 'the cars are ready; the regulators are not.'
Not financial advice
This article is reported for educational purposes only. It is not a recommendation to buy, sell, or hold any security. Markets carry risk — you can lose money. Do your own research and consult a licensed professional before acting.
Strategies referenced
Related trades in the journal
| Ticker | Action | Entry | Exit | P&L | Date | |
|---|---|---|---|---|---|---|
| TSLA | buy | $288.40 | $310.15 | +$1305 | Mar 4, 2025 | Momentum Breakout — Growth Equities |