Tesla Stock Daily Drive

July 03, 2025 • Finance

Hosted by Dusty

About This Episode

Generated finance podcast with host Dusty based on prompt: Daily stock movements for Tesla. Focus on the stock, but provide any important background information that is necessary.

Transcript

Welcome to "Tesla Stock Daily Drive." I'm Dusty, here to guide you through today's market landscape with a calm and thoughtful touch. Let's dive into the heart of the stock world and uncover the stories shaping our investment view.

Today, we're zooming in on Tesla's impressive performance—it’s one of those days where the numbers really speak. Tesla's stock closed at $315.65, climbing a solid 4.97% from the previous day's $300.71. It's a sharp rebound, especially after the declines we saw in late June. Let's break down the day for you.

Tesla opened at $312.63, hitting a high of $316.83 and a low of $303.82 throughout the day, with 119.3 million shares traded. Although the volume was 18% lower than the previous session, the price momentum was notably strong, suggesting investors found renewed confidence.

A key catalyst today was Tesla's second-quarter production and delivery numbers. They delivered 384,122 vehicles, slightly edging out Wall Street's expectations. Although it's a year-over-year decline, it was enough of a surprise to give the stock a lift. Production stood at 410,244 vehicles, indicating that Tesla's manufacturing capabilities remain robust.

Tesla also made strides in its energy division, deploying 9.6 gigawatt-hours of storage solutions—one of its strongest quarters to date for the Megapack and Powerwall.

In premarket trading, Tesla ticked up by 0.6% as investors anticipated the delivery report. This unfolded against a mixed backdrop, with Nasdaq futures rising slightly, the S&P 500 staying flat, and a modest uptick in the Dow Jones. The broader market sentiment helped support Tesla's upward move.

Analyst outlooks before the delivery report had taken a cautious turn, trimming EPS estimates due to margin pressures and competitive pricing. Weakening demand in Europe and China posed additional challenges, driven in part by geopolitical tensions. However, the delivery results sparked a relief rally, as the market had feared a larger miss.

Looking back, Tesla’s recent stock decline was influenced by Elon Musk's public disputes over EV incentives and concerns of market saturation. The broader tech-sector weakness also played a part, amid fears of economic slowdowns and persistent high interest rates.

From a technical viewpoint, closing at $315.65, Tesla regained strength above its 50-day moving average, reinforcing a short-term support around $300. The Relative Strength Index was nearing 65, suggesting bullish momentum but leaving room for further upside—particularly as we approach Q3 guidance and the July 23 earnings call.

In summary, Tesla's rally today was driven by a narrow beat on deliveries and a favorable market context. While underlying demand challenges remain, we saw just how sensitive Tesla's stock is to surpassing expectations. As we look ahead to their earnings release, investors will focus on insights into pricing, cost trends, and new product rollouts to sustain this momentum.

That's all for today's "Tesla Stock Daily Drive." Thank you for joining me, Dusty. Remember, when the dust settles, only the truth remains. Until next time, stay informed and keep your investment decisions clear and grounded.

Tesla Stock Daily Drive