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Tesla deliveries lackluster in second quarter, but all eyes are on Model 3

With most investors focused on the rollout of its highly anticipated Model 3, Tesla announced lackluster second-quarter sales, due in part to supply issues with 100 kWh battery packs.

"The Q2 Deliveries will be viewed as a negative by investors," said James Albertine, analyst with Consumer Edge Research. "But that story ... can be more than offset by the Model 3 in the second half of the year."

Overall, Tesla delivered just over 22,000 vehicles in the second quarter, bringing its first half deliveries to 47,100, within the company's guidance of between 47,000 and 50,000 vehicles.
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