Business

Tesla delivered almost 444,000 electric vehicles in the second quarter. Although that was down by nearly 5% from the same period last year and was its second consecutive quarterly sales decline, the carmaker’s share price surged, as markets were expecting a bigger drop. BYD, a Chinese rival, increased its deliveries of pure battery EVs by 21%, to 426,000, so Tesla keeps its crown as the world’s biggest EV seller, for now.