The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.

BYD delivered 557,090 fully electric vehicles in Q2 2026 while Tesla is expected near 396,000 — reclaiming its lead in the global BEV race.

Tesla expected to report surge in Q2 deliveries amid bullish prediction markets and lower analyst estimates.

A spike in gas prices due to the war in the Middle East appear to have given the EV industry a shot in the arm.