XPeng Motors (XPeng) delivered 34,611 units in June, a lot more than 10,668 units in the same period last year. Similarly, Xiaopeng Motors' stock price also rose 2.1% overnight.

Overnight, Tesla's stock price fell 5.3%, and only remained slightly above $300 at the close of the market, which has been the six consecutive days of decline. Trump and Tesla CEO Elon Musk confronted each other again on social media, which made many investors worried that the stock would return to the situation where the two had a dispute in early June and Tesla's stock price fell below $285.

(Nasdaq Stock Exchange code: TSLA) Wednesday (July 2) Focus: Major index futures in the U.S. Wall Street stock market rose slightly on Wednesday (July 2). The focus of market investors is currently turning to the non-farm employment report on Thursday (3rd), and hopes that the figures in this report will play a role in the Fed's interest rate cut as early as July. At the time of press time at 7 o'clock, the Standard & Poor 500 futures rose slightly by 6.80 points or 0.11% to 6,204.90 points; the heavyweight Dow Jones Index futures also rose by 88.90 points to 44,584.00 points; the Nasdaq 100 futures, dominated by technology stocks, slightly retreated by 1.70 points or 0.01%, to 22,476.40 points. The Nasdaq and Standard & Poole 500 closed lower overnight (Tuesday) amid weakening of large tech stocks. The Standard & Poor 500 index closed at 6198.01 points, and the whole day retreated slightly by 6.94 points. The Nasdaq 100 index also fell by 0.89% or 200.87 points, closing at 22,478.14 points. The Dow Jones Index rose 400.17 points to close at 44494.94 points. U.S. President Trump said he does not consider extending the July 9 deadline for U.S. trade negotiations with countries. His remarks have eased investors' concerns about long-term uncertainty to some extent.

As of overnight, BYD's stock price has risen about 37% this year; while Tesla's stock price has fallen about 21%.

Pre-market trading focus:

Among the Chinese electric vehicle manufacturers that have attracted attention, only Li Auto delivered 36,279 units in June, less than the 47,774 units in the same period last year. Nevertheless, as competitors, the three electric vehicle manufacturers handed over a total of 95,815 electric vehicles, which is still more than the 79,651 in the same period last year.

Before the U.S. electric vehicle giant Tesla announced its second-quarter delivery volume, several Chinese electric vehicle manufacturers had already released their June delivery figures, and the numbers showed strong growth, which definitely put a lot of pressure on Tesla. As most Chinese electric car manufacturers' stock prices are rising, Tesla's stock price is ineffective, which has indeed disappointed many investors.

Tesla Inc Currently, market analysts generally believe that Tesla's delivery volume in the second quarter will be 385,000 units. (Reuters)

In the second quarter, BYD handed over a total of 1.13 million cars, of which about 606,000 were pure electric vehicles. This number is almost certain to allow BYD to surpass Tesla again. Currently, market analysts generally believe that Tesla's delivery volume in the second quarter will be 385,000 units.

The delivery volume of Chinese electric vehicle manufacturer NIO (NIO) in June was 24,925, more than 21,209 units in the same period last year, and also made the stock price of NIO listed in the US market rise by 2.2% overnight.

Currently, the market is rumored that technology giant Apple has quietly begun the long-rumored early development of foldable iPhones. Sources said that Apple launched the P1 (Prototype 1) phase in June this year. If everything goes well, the prototype test should be completed by the end of this year and then enter the Engineering Verification Test stage, laying the foundation for the official release in the second half of 2026. Apple's shares rose 0.74% before trading tonight, at $209.35. Several of the largest U.S. banks began to announce new stock buybacks and dividend plans after the Fed's annual stress test performed well, driving bank stocks to a widespread rise before the market tonight. JPMorgan Chase announced that it would raise its quarterly dividend to $1.50 per share and approved a new $50 billion stock buyback program; Bank of America announced that it would raise its dividend by 8% to $0.28 per share; Wells Fargo raised its dividend to $0.45 per share; Morgan Stanley raised its dividend to $1.00 per share and reapproved a multi-year stock buyback program of up to $20 billion. Amazon founder and executive chairman Jeff Bezos just sold 3.3 million shares at the end of June, totaling nearly $737 million in its own shares, according to regulatory filings filed overnight with the U.S. Securities and Exchange Commission (SEC). The documents show that Bezos submitted a 10b5-1 stock sale plan to the SEC in March. After the sale of the shares, Bezos still holds about 905 million shares of Amazon. Amazon's stock price fell 0.10% before trading tonight, with a deadline of $220.23. Wednesday, let's take a look at the latest monthly delivery figures of competitors of electric vehicle maker Tesla. Tesla is expected to release the number later tonight. Tesla shares rose 1.27% before trading tonight, with a deadline of $304.53. Pre-market active stocks are in sequence: Wolfspeed Inc, Tesla, Centene Corp, Nvidia and Intel. At the time of press time, except for Tesla's stock price rising, the stock prices of the other four active stocks all fell.

Tesla's delivery volume in the first quarter of this year has fallen by 13% year-on-year. Market analysts now generally expect the delivery volume of 385,000 vehicles in the second quarter, about 13% less than the 444,000 vehicles in the same period last year.

When it comes to electric cars, BYD is naturally indispensable. It is China's largest electric vehicle manufacturer, and its products include pure electric vehicles and hybrid vehicles. The manufacturer's delivery volume in June was 377,628 units, including 206,884 pure electric vehicles. During the same period last year, BYD's delivery volume was 340,211 units, and 145,179 pure electric vehicles.