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Tesla Slides 8% on Earnings Miss Despite Record Deliveries; Rivian, Lucid Slip

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Tesla Slides 8% on Earnings Miss Despite Record Deliveries; Rivian, Lucid Slip

Tesla shares are down 8% to $343.59 Thursday morning after Q2 2026 earnings delivered a sharp profit miss. The earnings decline is the primary driver of the selloff, indicating weaker-than-expected profitability going into the latest quarter.

Analysis

Tesla shares are down 8% to $343.59 Thursday morning after Q2 2026 earnings delivered a sharp profit miss. The earnings decline is the primary driver of the selloff, indicating weaker-than-expected profitability going into the latest quarter.

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