Tesla Inc. reported a significant increase in global vehicle deliveries in the second quarter, with total sales reaching 480,126 units. The figure represents a 25% rise compared to the same period last year, surpassing market expectations.

The company’s strong performance comes amid elevated gasoline prices influenced in part by geopolitical tensions between the United States and Iran. Tesla’s surge in sales reflects growing consumer demand for electric vehicles as fuel costs remain high.

Last year’s second-quarter results were subdued partly due to boycotts and protests tied to Elon Musk’s involvement in the previous U.S. administration. In contrast, the recent quarter showed a marked recovery and growth.

Tesla remains a major player in the global electric vehicle market, benefiting from increasing adoption of greener transportation alternatives. The robust sales figures underline the company’s expanding presence despite ongoing challenges in the automotive industry.