Tesla on Thursday reported record-setting second-quarter delivery numbers that smashed past Wall Street estimates, in a possible sign that damage from a customer revolt over Elon Musk and boycotts is mostly behind it.
The electric vehicle maker run by Musk reported Thursday that it delivered 480,126 cars to customers, a jump of 25% over the 384,122 figure a year ago when many Europeans refused to buy his cars because of his embrace of far-right political candidates there.
The April-June sales, the second straight quarterly gain in a row, also came in much higher than the 401,000 that Wall Street analysts had been expecting, according to a FactSet survey.
Tesla produced 451,758 vehicles during the quarter. The deliveries exceeded production by more than 28,000 vehicles, leading the company to draw down inventory that it built up during the first quarter.
It's a big turnaround from just a few months ago when Tesla reported sales had fallen in 2025 for a second year in a row and it had to yield its crown as the world's largest EV maker to China's BYD.
