Tesla reported global deliveries of 480,126 electric vehicles in the second quarter of 2026, surpassing the Bloomberg consensus estimate of 397,466 units.
The announcement came on July 2, 2026, despite ongoing stock pressures.
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The automotive manufacturer produced 451,758 vehicles during the same period.
This allowed Tesla to sell 28,368 more cars than it manufactured, reducing a significant backlog of unsold inventory from earlier in the year.
Sales Growth Driven by International Demand
According to data from Cox Automotive, Tesla experienced a 25% increase in global sales during the second quarter.
The growth was primarily driven by international demand in Europe and China, even as domestic sales faced challenges.
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"Their sales in the first half are expected to be down nearly 15% from last year," said Charlie Chesbrough, senior economist at Cox Automotive.
Chesbrough noted that the decline stems from heightened market competition and an influx of older, used Tesla vehicles competing with new products.
"The loss of federal subsidies is certainly having an effect, but so is the lack of new products in the face of increasingly strong EV competition," Chesbrough added.
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Tesla previously attributed its domestic difficulties to shifting trade, tariff, and fiscal policies. Analysts also point to consumer pushback against executive political stances as a contributing factor.
