GoKawiilThe Tesla brand logo can be seen on May 28, 2026 at a location of the car manufacturer in Parsdorf near Munich (Bavaria, Germany).
Tesla reported vehicle deliveries and production levels for the second quarter that far exceeded Wall Street expectations, as Elon Musk's automaker tries to rebound from consecutive annual declines in auto sales.
Here are the key numbers:
Total Q2 vehicle deliveries: 480,126
Total Q2 vehicle production: 451,758
Analysts were expecting around 406,600 deliveries, according to StreetAccount's consensus. Tesla's company-compiled consensus published last week was 406,024 deliveries.
Shares of Musk's EV maker sank about 7% on Thursday despite the strong report. The stock has fallen on each of the past three quarterly delivery reports.
In the same period last year, Tesla reported around 384,000 deliveries, and in the first quarter of 2026, the number came in at 358,023.
Thursday's update showed a 25% year-over-year increase, and 34% increase versus the first quarter in deliveries for Tesla.
Tesla doesn't break out exact delivery numbers by region or individual model, but the company said its entry-level Model 3 sedan and most popular Model Y SUVs accounted for 467,762, or 97% of its deliveries. Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in its shareholder communications.
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