Tesla stock dropped 7% on July 2 despite record Q2 deliveries of 480,126 vehicles, beating Wall Street estimates by nearly 20% in a classic sell-the-news

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

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.

Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.

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 company also produced 451,758 vehicles during the period, signaling a meaningful improvement after a slow start to the year…

Tesla delivered 480,126 vehicles in Q2 2026, up 25% year-over-year and 74,000 above Wall Street estimates, ending two years of delivery declines.

Deliveries outstripped production, suggesting Tesla has cleared some inventory.

Tesla delivered 480,126 vehicles in Q2, beating Wall Street estimates by 18% with 25% year-over-year growth driven by European and international markets.

Tesla hits 480k Q2 deliveries (up 25% YoY), but TSLA stock drops 7% to $394.74. Read the full Q2 production and technical analysis.

Tesla reported a jump in second-quarter auto sales Thursday, as Elon Musk's electric vehicle company easily topped expectations in a period of lofty gasoline prices due to the…

Tesla stock dropped 7% on July 2 despite record Q2 deliveries of 480,126 vehicles, beating Wall Street estimates by nearly 20% in a classic sell-the-news

Tesla crushed expectations with second-quarter deliveries of 480,126 vehicles, far exceeding Wall Street forecasts and signaling a strong rebound from a weak start to the year.

Tesla on Thursday reported record-setting second-quarter delivery numbers that smashed past Wall Street estimates, in a possible sign that damage from a...

Tesla shares fell Thursday after Q2 deliveries. Investor Gene Munster breaks down why the stock fell despite positive numbers.

Tesla’s deliveries still fell short of China’s BYD, which retook the global lead. Read more at straitstimes.com. Read more at straitstimes.com.