Tesla Beats Q2 Delivery Estimates by Wide Margin but Stock Falls 8%
By
Zachary Folk
Summary
Tesla delivered 480,126 vehicles in Q2 2026, significantly beating expectations of 406,000 and showing strong growth from Q1's ~358,000 deliveries. European sales also recovered sharply, rising 77% between January and May. Despite these positive operational results, Tesla's stock fell about 8% on Thursday, highlighting a disconnect between delivery performance and market sentiment.
Source
bskyTesla Beats Q2 Delivery Estimates by Wide Margin but Stock Falls 8%forbes.comKey quotes
· 3 pulledTesla delivered 480,126 vehicles in the April-June quarter, easily outperforming expectations of 406,000
Sales also largely recovered in Europe, rising a reported 77% in markets on the continent between January and May
Despite the positive signs, Tesla's stock fell after markets opened on Thursday, and was down about 8% by 1 p.m. EDT
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