Tesla company headlines, earnings, strategy, leadership, and market-moving business updates.
Market data may be delayed. For informational purposes only. Not investment advice.
Rivian Automotive shares rose about 5% to around $18 on July 2, outpacing Tesla and Lucid in early trading, according to market coverage that pointed to the timing of the company’s latest quarterly release.
THE APEX TIMES
THE APEX TIMES
Tesla reported second-quarter deliveries of 480,126 vehicles, a sharp step up from both the prior quarter and the same period a year earlier, according to market coverage published July 2.
THE APEX TIMES
Deliveries rose to 480,126 vehicles in April-June, topping analysts’ forecasts as Tesla said improving demand in Europe offset softer conditions in the United States and mounting competition from Chinese automakers.
THE APEX TIMES
Wall Street is looking for Tesla’s second-quarter delivery count to come in above a crowd of refreshed expectations, after analysts projected roughly 406,000 vehicles sold in the quarter.
THE APEX TIMES
The U.S. auto-safety regulator ended an investigation tied to reports of unexpected braking in some Tesla vehicles after incident reports declined year over year, according to multiple outlets citing the regulator’s update.
THE APEX TIMES
Stocks rose as traders looked to an upcoming U.S. labor report and to Tesla’s next delivery update, which often acts as a near-term read on demand for electric vehicles.
THE APEX TIMES
Ahead of its next delivery update, Tesla’s shares are being discussed in terms of whether a sequential and year-over-year improvement in shipments will translate into investor confidence.
THE APEX TIMES
Markets looked to steady after a tech-led slide, with investors watching for fresh Tesla delivery updates and a key read on the labor market. Meanwhile, headlines around Meta’s artificial intelligence effort weighed on some AI-exposed names.
THE APEX TIMES
U.S. stock futures pointed to a mixed open as investors looked ahead to the June jobs report and to Tesla’s upcoming delivery update, while trading in parts of tech turned volatile after Meta drew attention to an AI-linked cloud effort.
