Tesla on Wednesday reported a second straight quarter of declining automotive sales.
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Shares in Elon Musk's electrical vehicle manufacturer have lost nearly 10% in June.
Analysts are largely split on Tesla heading into the electric vehicle maker's third-quarter earnings.
Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
Shares slipped after the EV maker reported third-quarter adjusted earnings of 50 cents per share, missing the 54 cents per share…
"We ... advise investors approach TSLA shares with a high degree of caution," analyst Ryan Brinkman said in a note.
Tesla's revenue rose 12% year on year, the first increase in three quarters. Despite that, net income plunged 37% from a year…
