Earlier this week Tesla reported a 14% decline in second-quarter electric vehicle (EV) deliveries versus last year. Some of that drop is due to increasing competition from traditional automakers and smaller EV makers alike. One of the latter is Lucid Group (LCID 5.61%). Lucid serves the high-end market, and just reported second-quarter sales that jumped 38% year over year.Of course, the record 3,309 EVs Lucid sent to customers pales in comparison to the more than 384,000 deliveries Tesla reported. Investors ...

According to most demand projections, electric vehicle (EV) stocks have a bright future. One forecast, for example, believes EV sales should comprise nearly one-third of all new car sales in the U.S. by 2030. That's up from just 3.4% in 2021. Tesla (TSLA -5.03%) in particular is in a prime position. It's better funded than the competition. Plus, the company has a bigger and more diverse lineup than other EV makers. But there's one emerging growth opportunity that could allow Tesla stock to help set you up f ...

A Tesla Inc TSLA analyst cuts delivery estimates for the electric vehicle giant as more reports show weakened demand.The Tesla Analyst: Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla and lowered the price target from $295 to $285.Read Also: Tesla Q1 Misses Estimates As Tariff Pressures Weigh On Outlook, Lower-Cost EVs Still On TrackThe Analyst Takeaways: Tesla is showing weak demand in several top countries, Delaney said in a new investor note."We're lowering our Tesla vehicle deliv ...

It hasn't been an easy year for electric vehicle maker Tesla (TSLA -3.08%), which has seen its stock fall roughly 30% this year (as of April 30 market close). The company reported disappointing first-quarter results, with deliveries of roughly 337,000 coming in the lowest level seen since 2022.Many investors and analysts have also suspected that CEO Elon Musk's work with the Department of Government Efficiency (DOGE) has hurt the brand. However, investors got some reprieve during Tesla's first-quarter earni ...