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Tesla's Q2 deliveries beat estimates on price cuts, incentives

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Tesla's Q2 deliveries beat estimates on price cuts, incentives

Tesla's delivery drop in Q2 was mitigated by incentives driving demand. Shares rose in premarket trading despite margin pressures. The company delivered various models, including the Model 3 and Model S sedan. Tesla adapted its strategy with discounts globally, aiming to recover from the sales decline and adjust annual growth targets.