- Tesla delivered 480,126 vehicles in the second quarter of 2026, significantly higher than the 406,600 units expected by analysts.
- The company produced 451,758 vehicles during the quarter, with the Model 3 and Model Y accounting for the vast majority of deliveries at 467,762 units.
- The delivery beat comes as Tesla attempts to reverse a downward trend caused by increased competition from Chinese makers like BYD and Xiaomi, as well as a consumer backlash against Elon Musk's political rhetoric.
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“Tesla reported vehicle deliveries and production levels for the second quarter, as Elon Musk’s automaker tries to rebound from consecutive annual declines in auto sales.”