Tesla deliveries fall for second quarter in a row

Tesla reports 14% drop in vehicle deliveries for the second quarter, marking the second consecutive decline. The decrease is attributed to increased competition, with China's BYD among Tesla's rivals, and Elon Musk's controversial role as a government efficiency czar in the Trump administration possibly affecting numbers. Despite the decline, some analysts remain optimistic about the future of Tesla and anticipate a rebound in sales driven by factors like uncertainty around the US EV tax credit and Tesla's robotaxis initiative.