CNMO Tech News] According to CNMO, on Wednesday (July 2) in Eastern Time, the three major US stock indices showed mixed performance. At the close of trading, the Nasdaq rose 0.94%, the Dow fell 0.05%, and the S&P 500 index increased by 0.47%. Among them, Tesla rose nearly 5%, with its market value surging by $48.1 billion (approximately RMB 345 billion) overnight. The company's Q2 delivery data exceeded the pessimistic forecast range of the market.

Tesla announced the global car delivery data for the second quarter of this year on July 2 local time. The company reported that the global deliveries in the second quarter were 384,122 units, a decrease of about 13.5% compared to the same period last year. In addition, according to its first-quarter financial report published in April, the global car deliveries in the first quarter were 336,700 units, a decrease of 13% compared to the previous year. These data indicate that Tesla has seen a year-on-year decline in deliveries for two consecutive quarters this year.

According to CNMO, Tesla has been affected by declining sales in multiple key markets. In June, according to data released by the European Automobile Manufacturers Association, Tesla's car sales in Europe dropped to 13,863 units in May, a decrease of 27.9% compared to the previous year. This is the fifth consecutive month of declining sales in Europe for the company. In the Chinese market, Tesla's share of the electric vehicle market has dropped to 7.6%, down from 10% in 2024.

In addition, Tesla CEO Elon Musk is hoping that autonomous taxis and artificial intelligence will create new revenue streams. He claimed that these two directions represent the future of Tesla, which could potentially increase the company's valuation to as much as $5 trillion, about five times its current market capitalization. It is worth noting that the company's current income and profits mainly come from selling electric vehicles, and this core business is facing pressure from high interest rates and increased competition.

Original article: https://www.toutiao.com/article/7522688985412485674/

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