Tesla Beat Delivery Estimates by 74,000 Vehicles — and the Stock Had Its Worst Day in Nearly a Year. Here’s Why.
Key Points Tesla (NASDAQ: TSLA) just posted its strongest second-quarter deliveries in its history, and shareholders responded by knocking about 7.5% off the stock in a single session — its worst day in nearly a year. On Thursday, the electric-car maker said it delivered 480,126 vehicles in the second quarter, up 25% year over year,…