Tesla Stock Erases $214 Billion in a Single Day — Here's What Happened This Month

Tesla Inc. (NASDAQ: TSLA ) is in the spotlight Friday after a busy July that included record delivery figures, a closely watched earnings report and a sharp post-earnings selloff. Tesla stock is showing downward pressure. Where is TSLA stock headed?

Tesla Q2 Delivers 25% YoY Surge Tesla pre-released its second-quarter production and delivery figures on July 2, reporting 451,758 vehicles produced and 480,126 delivered — up 25% year-over-year and well above the roughly 406,000 Wall Street had expected. Model 3/Y deliveries totaled 467,762, with other models contributing an additional 12,364. 5 GWh of energy storage products during the quarter. Tesla Tops $100B TTM Revenue, Stock Sinks Tesla reported second-quarter results on July 22 after market close.

71 billion analysts had projected. 52 billion in revenue, up 23% year-over-year. 48 million, up 56% year-over-year. 5 billion in market value.

The selloff followed the worse-than-expected adjusted EPS result, along with company commentary on high capital expenditure growth, supply-chain bottlenecks and difficulties scaling up Optimus robot production. The AI and Robotics Pivot Elon Musk called Optimus “the hardest product to scale manufacturing that we’ve ever made at Tesla,” noting the robot has no existing supply chain — unlike EVs, which could draw on established suppliers for parts. Tesla also quietly dropped Optimus mass-production language from its shareholder presentation, a shift from prior quarters.

” CFO Vaibhav Taneja said operating expenses will keep growing in 2026 and beyond, tied to a more than $25 billion capex plan for new factories, AI infrastructure, and Tesla’s Terafab manufacturing platform. 49. 05, according to data Pro. Image via Shutterstock