Tesla reported a significant increase in vehicle deliveries for the second quarter of 2026, with figures surpassing market expectations. The electric car manufacturer delivered 480,126 vehicles between April and June, marking a nearly 25% rise compared to 384,122 units delivered during the same period last year.

Production in the second quarter also increased, with Tesla manufacturing 451,758 cars, higher than the previous year’s output. These figures underscore the company’s continued growth amid increasing competition in the electric vehicle sector.

Analysts had projected deliveries to fall just under 400,000 units, making Tesla’s actual performance notably stronger than anticipated. The company is scheduled to release its detailed second-quarter financial results on July 22.

Following the delivery announcement, Tesla’s shares saw positive movement in the financial markets, rising approximately 0.74% to trade around $428.66. The increase reflects investor confidence following the robust delivery and production numbers.

Tesla’s growth trajectory remains a key focus as the company works to expand its manufacturing capacity and meet growing global demand for electric vehicles.