Tesla Expected to Report Decline in Deliveries as EV Competition Heats Up
San Francisco, CA – Electric vehicle manufacturer Tesla is set to announce a second consecutive quarterly decline in deliveries amidst challenges in both the Chinese and US markets. The Elon Musk-led company is expected to report delivery figures of 438,019 vehicles from April to June, based on estimates from 12 analysts polled by LSEG. After experiencing rapid growth in previous years, Tesla is now facing a slowdown in sales, prompting the company to warn of …