
Tesla (TSLA) Hits Record Deliveries as Europe Rebounds
Tesla shares dropped 7.49% even after record Q2 deliveries beat estimates. Here's how the stock's extreme P/E, neutral RSI and lack of dividend frame the bull and bear case now.

Tesla shares dropped 7.49% even after record Q2 deliveries beat estimates. Here's how the stock's extreme P/E, neutral RSI and lack of dividend frame the bull and bear case now.

Tesla's record Q2 deliveries beat Wall Street estimates, yet shares fell 7.27%. Here's what the delivery surge, sky high P/E, and neutral RSI signal ahead of July 22 earnings.

Tesla shares sank 7.27% despite a delivery beat, as investors weigh a 328 P/E multiple against BYD's global lead and Musk's costly robotics and autonomy bets.