Electric vehicle-maker Tesla is expected to report the second consecutive quarterly decline in deliveries amid tough competition in China and slower demand for EVs in the U.S.
The Elon Musk-led automaker is expected to announce its quarterly results on Tuesday and is projected to report the delivery of 438,019 vehicles from April to June, according to an average estimate based on forecasts from 12 analysts polled by LSEG. Seven of the analysts polled slashed expectations in the past three months.