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Tesla quarterly deliveries fall for second straight quarter

Electric vehicle maker grapples with increased competition and blowback from Elon Musk’s political activism

Tesla’s deliveries fell for a second straight quarter as the electric vehicle maker contends with slumping demand in Europe and rising competition from western and Chinese rivals.

The company, led by Elon Musk, delivered 384,122 vehicles in the three months to the end of June, below the 389,000 forecast by analysts and down 13 per cent from 443,956 in the same period last year. 

The second-quarter figure was a slight improvement from the first three months of the year when it delivered 336,681 cars — its worst quarter since 2022.

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