Tesla’s Q2 sales surged from Iran-driven oil spikes, refreshed Model Y and YL demand, U.S. incentives, new markets, plus rising production.

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.

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.