Tesla's deliveries fell in the second quarter

US electric vehicle manufacturer Tesla's car deliveries fell by 4.8 percent annually in the second quarter of the year, but exceeded expectations. Tesla has released its vehicle production and delivery data for the second quarter of 2024. Accordingly, the company produced 410,831 vehicles in the second quarter of the year. The company produced 479,700 vehicles in the first quarter of 2023. The number of vehicles delivered by Tesla in the second quarter of this year decreased by 4.8 percent annually, to 443,956. Market expectations were for the company to deliver 439,000 vehicles during this period. Tesla delivered 466,140 vehicles in the same period last year. Tesla's car deliveries fell by 8.5 percent in the first quarter of the year, the first annual decrease since 2020. The company's shares gained nearly 10 percent after the production and delivery data was shared.