Tesla Falls Ahead of Delivery Report

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Tesla Falls Ahead of Delivery Report Faizan Farooque Wed, July 1, 2026 at 2:16 PM EDT 1 min read TSLA This article first appeared on GuruFocus . Tesla ( TSLA , Financials ) slipped in premarket trading even as June registrations improved in several European markets. Warning! GuruFocus has detected 8 Warning Signs with TSLA. Is TSLA fairly valued? Test your thesis with our free DCF calculator. The latest regional data showed Tesla registrations more than doubled in France, rising 104.9% from a year earlier. Registrations also increased 56.3% in Sweden and 39% in Denmark, where the company recorded 1,778 vehicles. Norway told a different story. Registrations there fell 43% to 3,222 vehicles, a sharp drop in one of Tesla's strongest European markets. That weakness kept investors from reading too much into the gains elsewhere. European registration data is closely watched because the region does not release monthly delivery figures. The numbers can offer an early look at demand before Tesla reports quarterly deliveries. Tesla is expected to release second-quarter delivery figures July 2. Wall Street expects 406,024 deliveries, up 7.5% from a year earlier and 13.4% from the March quarter. The report will give investors a clearer view of global demand, especially after pressure in the U.S. market. Analysts remain split on Tesla, with the stock carrying a Moderate Buy rating and an average price target of $403.49.

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