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Tesla's (TSLA) 384,000 vehicle deliveries in the second quarter didn't meet all analyst expectations, but investors brushed off their metrics. Jenny Horne talks about how this rally can be thinner than as it appears on the surface and how growth compares to EV competitors.

Tesla delivered 384,122 vehicles in the second quarter of this year, wrapping up another weak quarter for the company as it struggles to bring the pace of sales back up to the level it was at in 2023.

Tesla released its second-quarter vehicle delivery numbers on Wednesday. The company delivered 384,000 EVs, just below analysts' estimates.

Tesla reported a sharper-than-expected fall in second-quarter deliveries on Wednesday, as intense competition and backlash against CEO Elon Musk's political stance hit global demand for its aging electric-vehicle lineup.

AUSTIN, Texas--(BUSINESS WIRE)--In the second quarter, we produced over 410,000 vehicles, delivered over 384,000 vehicles and deployed 9.6 GWh of energy storage products. Thank you to all our customers, employees, suppliers, shareholders and supporters who helped us achieve these results. Q2 2025   Production Deliveries Subject to operating lease accounting Model 3/Y 396,835 373,728 2% Other Models 13,409 10,394 7% Total 410,244 384,122 2% Tesla will post its financial results for the second qu.

Tesla reported a second straight year-over-year decline in vehicle deliveries for the second quarter. Tesla shares are down 26% so far this year as of Tuesday's close, the worst performance among tech's megacaps.

The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.

The quarterly vehicle delivery numbers, one of the key barometers of the company's success, come the same week as Musk's staredown intensified with Trump, a one-time close ally. Musk, who spent more than $200 million last year to help elect Trump, loudly disagreed with Trump's spending bill which passed the Senate on Tuesday.

The electric vehicle maker has struggled to reverse months of declining sales.

Liz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss news of Unilever cutting off funding to Ben & Jerry's foundation after a clash over transparency and ideological control, Elon Musk's relationship with President Trump, impact on Tesla, and more.