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NEW YORK, United States – Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk’s political activities. The EV maker reported 384,122 deliveries in the second quarter, down 13.5 percent from the year-ago period. Shares rallied after the disclosure, which was better than some...

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CNN — Tesla reported another record sales plunge Wednesday, as brand damage from CEO Elon Musk’s political activities and increased competition continued to batter the once fast-growing electric car maker. Tesla reported it sold 384,122 cars in the quarter, down nearly 60,000 cars, or 13.5% from the sales total a year ago. That marks the largest year-over-year drop in sales in the company’s...

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Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Tesla launched its robotaxi service on Monday in Austin, with only a few cars involved but a great deal of fanfare. The discrepancy is best explained by one Wikipedia page: “List of predictions for autonomous Tesla vehicles by Elon Musk.” If you are Musk, a person who...

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