TradingKey – On July 2, local time, Tesla ( TSLA) released its production and delivery data for the second quarter of 2026, delivering results that far exceeded market expectations.

During the quarter, the company produced 451,758 vehicles and delivered 480,126, representing a 25% year-on-year increase and a 34% quarter-on-quarter increase. This not only significantly exceeded Bloomberg’s consensus estimate of 406,000 vehicles, but also surpassed Goldman Sachs’ most optimistic forecast of 420,000 vehicles.

Source: Tesla

Munster, Managing Partner at Deepwater Asset Management, noted: “Tesla’s delivery data is the first sign that we are emerging from the ‘EV winter’ that began in March 2024.”

However, the stellar data failed to boost the…