Part 2/10:
While the headline accurately reports a 40% drop, context reveals a different story. Such cyclical declines are normal at the start of a quarter, often followed by recovery as the quarter progresses. Indeed, June saw a 15% increase in Tesla sales year-over-year, hinting that the July dip is temporary. Most industry insiders believe that the third quarter (Q3) will mark a record-breaking period for Tesla, bolstered by the expiration of tax credits and increased consumer demand for models like the Model Y.