Tesla (TSLA) Reports Deliveries & Price Cuts Paid Major Dividends

Schwab Network

Tesla's (TSLA) price cuts implemented early in 2023 have paid major dividends, notes Dan Ives. Renita Young discusses TSLA as it reports 2Q deliveries and production numbers. Its deliveries came in at 466,140, which is up 83% year-over-year. She talks about how Deutsche Bank and Canaccord Genuity have a buy rating on TSLA while Goldman Sachs has a neutral rating and JPMorgan has an underweight rating on the stock. Dan Ives' Wedbush note also states that TSLA is still on track to hit its 1.8M-unit delivery bogey for the year. Tune in to find out more about the stock market today.