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International Business Times

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Tesla Reports Lower Car Sales But Figures Better Than Feared

Elon Musk Tesla Inc. Donald Trump Dan Ives United States electric vehicle

Tesla reported lower auto sales again in the second quarter as CEO Elon Musk's political activism weighs on the company (Credit: AFP)

Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk's political activities.

The EV maker reported 384,122 deliveries in the second quarter, down 13.5 percent from the year-ago period. Shares rallied after the disclosure, which was better than some leading forecasts in recent days.

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