Tesla is expected to report deliveries figures for the second quarter on Wednesday morning, after a losing streak for the stock.

Wednesday, after the electric-vehicle giant allayed investor fears by reporting second-quarter deliveries that were pretty close to expectations. Investors were increasingly anticipating a bad number,

Tesla is headed for another year of shrinking sales after it posted a second straight drop in quarterly deliveries, dragged down by CEO Elon Musk's right-wing political stances and an aging vehicle line-up that has turned off some buyers.