Tesla (TSLA) shares rose 3% shortly after markets opened Wednesday even though the electric vehicle maker reported worse-than-expected second-quarter deliveries and production figures. Tesla announced 384,

Colin Busch, Oppenheimer senior research analyst, joins 'Squawk Box' to preview Tesla's Q2 deliveries report, Tesla's stock performance, robotaxi launch, and more.

Tesla shares cratered 14% on June 5, the day that the feud hit a fever pitch. The two billionaires began a multi-day spat over the "Big Beautiful Bill" that played out publicly on social media. The sell-off intensified as Trump, when speaking to reporters at the White House, said he was "very disappointed" in Musk's reaction.

U.S. stocks are drifting on Tuesday as Wall Street’s momentum slows after setting record highs in each of the last two days. The S&P 500 was 0.3% lower in early trading and on track for its first loss in four days.

Tesla (TSLA) is poised to release its second-quarter delivery figures on Wednesday, July 2, with Wall Street anticipating that it will deliver 390,000 vehicles, a sharp decline from 443,956 units in the same period last year.