Tesla posts 480,126 Q2 2026 deliveries, 25% YoY growth

Tesla reported delivering 480,126 vehicles in the second quarter of 2026, a 25 % increase over the same period a year earlier and well above Wall Street estimates of roughly 400‑420 k units. The bulk of the deliveries came from the Model 3 and Model Y, which together accounted for about 467,762 cars.

Production for the quarter was 451,758 vehicles, indicating that Tesla sold some of its existing inventory to meet demand. Strong sales were recorded in China, where Shanghai‑built deliveries rose 24.4 % YoY to 89,091 units, and in Europe, with notable registration jumps in Germany, France, Denmark and Sweden. In Germany, Tesla registrations rose 318 % in June, while in France the Model Y topped the monthly list.

Despite the robust sales, Tesla’s share price fell about 3 % after an earlier intra‑day rise, reflecting investors’ focus on the company’s broader AI and robotics agenda. Tesla announced an investment plan exceeding $25 billion, earmarked for its Optimus humanoid robot, autonomous Cybercab projects and other AI‑driven initiatives. The firm has also hired roughly 2,000 extra workers for its Berlin plant, which aims to reach a weekly output of 7,500 cars later in the year.

Industry rivals such as BYD still lead global EV volumes, reporting 557,090 sales in the same quarter. The surge in Tesla’s deliveries is partly attributed to higher fuel prices amid the US‑Iran conflict, which has driven consumers toward electric vehicles.