Tesla to Announce Q2 Deliveries Amid Mixed Analyst Expectations; Shares Up 2.5%

Tesla Inc. is set to release its second-quarter delivery numbers in about eight days. Analysts have mixed expectations, with Wall Street's consensus at 442,000 deliveries, representing a 5% year-over-year decline. However, some analysts, including UBS, forecast around 420,000 deliveries, which would be a 10% year-over-year decline but a 9% increase quarter-over-quarter. This would be worse than the first quarter's 8.5% year-over-year decline. Additionally, Tesla shares have risen by 2.5%. A significant upcoming event for Tesla is the robotaxi event scheduled for August 8.