Tesla also said that it delivered a total of 384,122 vehicles, including 373,728 Model 3 and Model Y vehicles, as well as 10,394 other vehicles — a 14 percent decline compared to the second quarter of 2024, when it delivered 443,956 vehicles. (For a direct-to-consumer company like Tesla, deliveries are a proxy for sales.)

Tesla, the electric-vehicle maker led by Elon Musk, saw global sales drop 13.5%, marking the second consecutive quarter with double-digit declines.

Trump implored DOGE to look into the matter as his weeks-long feud with Musk came to another head.

Magnificent Seven’ tech stocks weighed on the S&P 500 and Nasdaq; Elon Musk sparred with President Trump over the tax-and-spending bill.