Tesla reported 384,122 vehicle deliveries in the second quarter of 2025, down 14% from the same period last year.

With today's pullback, Tesla stock is now down 13% over the last month and roughly 26% across 2025's trading. While Tesla's robotaxi service has now launched in Austin, Texas, it could take a while for the business to scale substantially. Meanwhile, the core auto business faces the risk of sustained headwinds in the near term.