Investors were increasingly anticipating a bad number, given several recent reports of sales weakness in Europe and China. To add to the anxiety, Tesla Chief Executive Elon Musk renewed his feud with President Donald Trump this week by criticizing the budget bill that barely passed the Senate.

Tesla stock edged into the red Thursday, one day after gaining 5% following the company’s second-quarter delivery report. Shares of Tesla were up most of the shortened pre-July 4 holiday trading session,

From energy storage to EV dominance, Tesla’s battery business is booming. Biden, in Rare Remarks Since Presidency, Warns His Accomplishments Are Coming Undone Ford workers told their CEO ‘none of the young people want to work here.