After sell-offs in yesterday's trading, Tesla ( TSLA 5.14%) stock is rising Wednesday. The company's share price was up 4.6% as of 2 p.m. ET amid the backdrop of a 0.3% gain for the S&P 500 and a 0.7% gain for the Nasdaq Composite. The stock had been up as much as 5.4% earlier in the session.

Tesla reported 384,122 vehicle deliveries in the second quarter of 2025, down 13.5% from the same period last year, marking the second consecutive quarterly decline. Despite the year-over-year drop, shares rose as much as 5% following the release,

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.