Tesla Inc (NASDAQ:TSLA) delivered 480,126 vehicles in the second quarter, a 25% jump on a year earlier and a decisive beat against a consensus of roughly 406,000. On any conventional reading, it was the rebound the company badly needed after a bruising start to the year.
Tesla, Inc. beat Q2 delivery estimates with 480,000 vehicles, mainly Model 3 and Y, but shares slumped 8% post-report. TSLA's inventory drawdown supports cash flow amid $25B+ capital spending, yet cheap financing may pressure margins and profits. Despite solid delivery growth, TSLA trades at 190x forward earnings, making its valuation difficult to justify versus peers.
A Texas man drove a Tesla Model 3 into a home, killing a woman, Harris County Sheriff's Office said. An investigator said the car's data later showed that the driver was pressing on the accelerator.
Phil LeBeau went on CNBC Thursday morning and delivered the kind of number that reorders a Tesla (NASDAQ:TSLA | TSLA Price Prediction) week.
Gene Munster of Deepwater Asset Management discusses demand for Tesla's vehicles and how the company's stock is reacting.
Tesla's (NASDAQ:TSLA | TSLA Price Prediction) second-quarter delivery report landed well above what Wall Street's bar.
Investigators say the driver acted to override the car's automated driving assistance system.
"And finally I shorted Tesla at 416.22. Happy it jumped back to this level," Burry wrote at the end of a post on his Substack published on Tuesday.
Tesla's deliveries delivered today.
Tesla Inc (NASDAQ:TSLA) reported second quarter vehicle deliveries of 480,126 and production of 451,758, surpassing Wall Street expectations as the electric vehicle maker seeks to reverse recent sales declines. The company delivered 467,762 Model 3 and Model Y vehicles during the quarter, while deliveries of its other models totaled 12,364.
The strong figures suggest Tesla's mainstay auto business is regaining momentum after two straight annual sales declines.
Shares of Tesla (NASDAQ:TSLA | TSLA Price Prediction) are down 7% in morning trading to $395.86, even after the electric vehicle (EV) maker posted a blowout Q2 2026 delivery report that easily cleared Wall Street expectations.