The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.

Tesla Inc. shares jumped after the carmaker posted a less drastic decline in vehicle sales than the most pessimistic analysts feared.The company delivered 384,122 vehicles during the last three months,

(Corrects July 3 story to say BYD sales volume increased by almost fourfold (not threefold) year-on-year in June and by more than fivefold (not almost fivefold) since the beginning of the year) (Reuters) -Tesla's sales volume in Germany fell by 60% in June,