Tesla reported second-quarter vehicle deliveries and production figures that significantly surpassed Wall Street expectations, as Elon Musk’s automaker seeks to recover from two consecutive years of declining auto sales.
Key numbers for Q2:
. Vehicle deliveries: 480,126 (vs. expected ~406,600)
. Vehicle production: 451,758
Analysts’ consensus, including Street Account and Tesla’s own estimate last week, had been around 406,024–406,600 deliveries.
Despite the strong performance, Tesla’s shares dropped approximately 8% on Thursday, marking the third consecutive quarter where the stock declined following delivery reports.
In the same period last year, Tesla reported approximately 384,000 deliveries, while in the first quarter of 2026, deliveries totaled 358,023. Thursday’s results showed a 25% year-over-year increase and a 34% rise compared to Q1.
Tesla does not disclose detailed delivery figures by region or model, but it stated that its entry-level Model 3 sedan and the popular Model Y SUVs accounted for 467,762 deliveries, representing about 97% of total deliveries. While deliveries are the closest estimate of sales Tesla reports, they are not precisely defined in shareholder communications.
Source (CNCB)
