Tesla shares dropped 7% from Friday’s closing price of $323.63 to the $300.71 close on Tuesday ahead of the company’s second-quarter deliveries report.

As Ford prepares to launch new pickup styles in the third quarter, it reveals big gains in pickups and SUVs during Q2.

The news comes after crosstown rival GM reported this morning that its EV sales more than doubled (+111%) in Q2 with a growing lineup of electric SUVs, trucks, and entry-level models. GM sold 46,280 electric vehicles across its Chevy, GMC, and Cadillac brands in Q2, compared to Ford, which sold 16,438.