Tesla (TSLA) released its Q2 deliveries and production numbers on Wednesday, July 2. The deliveries, which closely approximate vehicle sales fell 13.5% year-over-year. The decline was higher than the 13% fall in Q1 and was the worst ever for the company.

According to Tesla's official numbers, it delivered 384,122 vehicles in Q2, a roughly 14% drop compared to the 443,956 vehicles it delivered in Q2 2024. That's also about 18% lower than the 466,140 deliveries we saw in Q2 2023.

Tesla shares rose 3% shortly after markets opened Wednesday even though the electric vehicle maker reported worse-than-expected second-quarter deliveries and production figures.