Ray Price
Tesla (TSLA) shares fell 7.27% to 393.45 dollars on June 28, 2026, even after the automaker reported a stronger than expected second quarter delivery count, underscoring how disconnected sentiment around this stock has become from its underlying operating results. The selloff wiped out a chunk of the company's 1.58 trillion dollar market capitalization in a single session, a reminder that Tesla trades less like a car manufacturer and more like a referendum on future expectations.
| Price | 393.45 USD |
|---|---|
| Day change | -30.9 (-7.27%) |
| 52-week range | 364.02 – 453.4 |
| Market cap | $1.58T |
| P/E ratio | 327.88 |
| EPS (ttm) | 1.2 |
| RSI (14) | 46.84 |
| Volume | 73,832,501 |
At a Glance
- TSLA closed at 393.45 dollars, down 7.27% on the day
- 52 week range spans 364.02 to 453.40 dollars
- Market capitalization stands at 1.58 trillion dollars
- Trailing P/E ratio of 327.88 with RSI at 46.84
- Second quarter deliveries topped 480,000 vehicles, the strongest Q2 in company history
A Record Quarter That Didn't Move the Stock Upward
Tesla built 451,758 vehicles during the second quarter, with 442,936 of those coming from the Model 3 and Model Y lines. The company delivered more than 480,000 vehicles in total, a jump of over 120,000 units from the first quarter and its best second quarter delivery figure on record. Of the deliveries, 467,762 came from the Model 3 and Model Y, while the remaining 12,364 fell into an
