Overview

• Tesla’s global vehicle deliveries declined 13.5% year over year to 384,122 units in Q2.
• Cantor Fitzgerald trimmed its Q2 revenue estimate by 12.9% to about $21 billion while Bloomberg projects $22.79 billion.
• The stock has fallen nearly 19% this year as 25% tariffs on foreign cars and softer EV demand weigh on performance.
• Investors are seeking a revised timeline for Tesla’s delayed lower-cost EV, originally slated for launch in the first half of 2025.
• Analysts expect the July 23 earnings call to offer updated guidance on vehicle demand, energy segment trends and the robotaxi rollout in key U.S. markets.