
Tesla (TSLA) Deliveries Jump 25%, Stock Falls
Tesla beat delivery estimates with 480,000 vehicles in the second quarter, yet shares fell 7.49%. Here is what the valuation, RSI and energy storage numbers reveal.

Tesla beat delivery estimates with 480,000 vehicles in the second quarter, yet shares fell 7.49%. Here is what the valuation, RSI and energy storage numbers reveal.

Tesla shares fell 7.49% even after a record delivery beat, as traders sold the news and refocused on the NHTSA safety probe threatening its autonomy driven valuation.

Tesla shares dropped nearly 7.5% even after a surprise second quarter delivery beat, as investors weighed a stretched valuation against Rivian's stronger reaction to its own guidance raise.