Shares of Tesla fell, reversing gains during premarket trading, after the electric car maker delivered more vehicles in the latest quarter and surpassed Wall Street's expectations. Tesla says it delivered 480,126 vehicles in the second quarter, up 25% from a year earlier. Wall Street had expected 406,024 deliveries for the quarter, according to a consensus forecast based on 22 analyst estimates, which was posted on Tesla's website last week. The growth continues Tesla's recent momentum after it similarly recorded an increase in sales in the first quarter. The results also mark Tesla's first time reporting vehicle deliveries since it stopped making two of its luxury models, the Model X and Model S, in May. The company still sold its remaining inventory of those vehicles in the second quarter. The stock was recently down 6.8% at $396.23. (kelly.cloonan@wsj.com)