Tesla managed the unthinkable and reported better-than-expected delivery numbers for the second quarter. Thanks to improved sales in Europe, Tesla moved 480,126 vehicles after producing 451,758 units. This helped the carmaker draw down inventory that it had built up during the previous quarter.
After threading water for most of 2025, Tesla finally looks like it's recovering, with better-than-expected deliveries in the second quarter of 2026. Tesla beat Wall Street expectations by a wide margin after it disappointed everyone in Q1 2026. Oil supply chain disruptions due to the Iran war can be credited for much of this success.
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