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.

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

Tesla beat delivery estimates by 18% in Q2 2026, posting 480,126 deliveries. It was a 25% YoY increase and 34% jump from Q1 as the company tries to rebound.

Deliveries outstripped production, suggesting Tesla has cleared some inventory.