Tesla Beats Q2 Delivery Forecast by 73,000 Units, Stock Plunges 7.49% in 24 Hours

Tesla delivered 480,126 vehicles in the second quarter of 2026, exceeding analyst consensus of 406,024 units by over 73,000 vehicles and marking the company's strongest Q2 on record. Year-over-year deliveries surged 25%, while sequentially rising 34% from Q1's 358,023 units. However, the stock fell 7.49% following the announcement, marking its largest single-day decline in nearly a year and the third consecutive quarterly earnings miss on the stock chart, as investor focus has shifted from sales growth to profitability and future expansion.
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