Tesla ( TSLA 0.04%) reported quarterly sales declines that were better than feared. *Stock prices used were the afternoon prices of July 1, 2025. The video was published on July 3, 2025.

U.S. stocks ticked higher to hit another record. The S&P 500 rose 0.5% Wednesday and set an all-time high for the third time in four days.

Tesla on Wednesday announced it delivered 384,122 vehicles in Q2, down 13.5% compared to a year ago. Model Y and Model 3 vehicle sales totaled 373,728 units in Q2 while "other mod