This Week in Tesla: Tesla Stock Tumbles Despite Delivery Beat, New Model Y L and More

The past week brought a mixed bag of news for Tesla Inc. (NASDAQ: TSLA ) and Elon Musk, as despite impressive Q2 delivery numbers, the electric vehicle giant’s stock took a hit. Here’s a recap of all the major stories: Q2 Deliveries Jump 25% One of the main highlights of Tesla’s week, the EV giant reported a 25% increase in Q2 deliveries, with Model 3 and Model Y being the primary growth drivers. The company delivered over 480,126 vehicles during the quarter and energy storage deployments reached 13.5 gigawatt-hours (GWh). Read Also: Gary Black Targets Elon Musk's Self-Driving Efforts as Rivian Stock Rally Shows no 'Newfound Infatuation' with Autonomous Vehicles, FSD Ross Gerber on Tesla’s Stock Decline Investor Ross Gerber expressed his views on Tesla’s stock decline, attributing it to the market’s negative reaction to Tesla’s...