Tesla delivered a record 480,126 vehicles globally in the second quarter of 2026. This figure represents a 25% increase year-over-year. The results significantly surpassed Wall Street consensus estimates of approximately 406,000 vehicles.
A rebound in demand within European and Chinese markets drove the strong performance. These results signal a potential turnaround from a recent slowdown in those key regions.
Tesla shares fell approximately 7.5% on Thursday, marking the worst single-day performance in nearly a year. Analysts suggest the delivery beat was already priced into the stock following a recent rally. Investors are now focusing on profit margins and progress regarding AI and robotaxi projects.