Tesla delivered 480,126 vehicles in Q2 2026, crushing analyst estimates of roughly 396,500 to 408,600 units and sending shares up 3% in premarket trading.

The firm now expects Tesla to report approximately 416,000 vehicle deliveries during the second quarter of 2026...

Tesla stock closed at $420.60, crossing a key level for the first time since April as investors position ahead of the Q2 delivery report catalyst.

TSLA was down about 8% by 1 p.m. EDT on Thursday.