Tesla released its delivery numbers for the second quarter on Wednesday, showing a decline of 60,000 vehicles compared to the same quarter in 2024.

U.S. stocks are drifting lower as Wall Street’s momentum slows after setting record highs in each of the last two days. The S&P 500 dipped 0.3% Tuesday and is on track for its first loss in four days.

A mixed day of trading left the U.S. stock market split, as Wall Street’s momentum slowed after setting record highs in each of the last two days

Tesla also said that it delivered a total of 384,122 vehicles, including 373,728 Model 3 and Model Y vehicles, as well as 10,394 other vehicles — a 14 percent decline compared to the second quarter of 2024, when it delivered 443,956 vehicles. (For a direct-to-consumer company like Tesla, deliveries are a proxy for sales.)

The worst year-over-year vehicle delivery decline on record came as Elon Musk fell out of favor with Donald Trump.

The electric vehicle maker has struggled to reverse months of declining sales.

Trump implored DOGE to look into the matter as his weeks-long feud with Musk came to another head.

The feud reignited on Monday when Musk, who spent hundreds of millions on Trump's re-election, renewed his criticism of Trump's tax-cut and spending bill, which would eliminate subsidies for electric vehicle purchases that have benefited Tesla,