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.

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

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.

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

Tesla Second Quarter 2026 Production, Deliveries & Deployments

Deliveries outstripped production, suggesting Tesla has cleared some inventory.