New Models, Robotaxi, and AI: Why Tesla’s (TSLA) Still a Buy After Delivery Dip

In particular, strong performance was witnessed in China, Norway, France, Spain, and Turkey, which led to the better-than-feared results. Regardless of this positivity, Tesla suffered its largest decline in year-over-year deliveries, falling 14% compared to Q2 2024. This is, the firm believes, largely due to Musk’s political endeavors.

Nevertheless, catalysts such as new models, traction from the revamped Model Y, and the expectations surrounding the Robotaxi announcement are likely to work for Tesla for the remainder of the year.

Energy storage deployments also witnessed a slowdown, with the firm concerned about the development of energy structure for artificial intelligence. It stated that “EVs drive the P&L, now and for the foreseeable future” and also stressed the need to see growth in Tesla’s core business.

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.

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Disclosure: None.