As price reductions take effect, Tesla Q2 deliveries easily surpass projections.

On Sunday, Tesla (TSLA) revealed its manufacturing and delivery figures for the second quarter.

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Tesla announced 479,700 global deliveries and 466,140 unit production for the quarter.

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The second quarter's production and delivery totals for Tesla set all-time highs.

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The business also disclosed that lease accounting applied to 5% of its revenues.

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In Q2, the government provided Tesla with yet another boost.

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Many observers ascribed the run-up to the significant gains recorded by stocks related to AI,

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Analysts warned that Tesla wasn't the major AI play that many investors seemed to think it was.

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