In a Tuesday note, Citi analysts said they anticipate a"favorable share price reaction" following the release.Tesla's total deliveries hit 443,956 vehicles in the second quarter, with total production at 410,831 vehicles over the period. Analysts had expected that Tesla deliveries — the closest approximation of sales disclosed by the automaker — to reach 439,000 in the three-month stretch ending on June 30, according to a consensus of estimates compiled by FactSet StreetAccount.
In a Tuesday note, Citi analysts said they anticipate a"favorable share price reaction" following the release."From here, the focus will turn to Tesla's Q2 auto gross margins to gauge the price vs. cost equation," they added, also flagging the importance of any further company updates on future product launches.CNBC's Lora Kolodny and Ganesh Rao contributed to this report.