Tesla sold 480,126 EVs in Q2 2026. That’s a 25% jump year-over-year. Not bad for a company people keep writing off.
The Model 3 and Y did the heavy lifting — 467,762 deliveries, up 25.2%. The remaining 12,364 vehicles were a mix of the now-discontinued Models S and X and the Cybertruck, which is still only sold in North America and the Middle East.
But here’s the real story. Tesla finally fixed its overproduction problem. In Q1, the company was building more cars than it could sell — inventory was piling up. This quarter? They produced 451,758 cars and sold 480,126. That’s nearly 30,000 more sales than builds. Inventory is actually shrinking.
Production was up 10% year-over-year, but the company deliberately slowed down to match demand. Smart move.
Energy storage also crushed it. Tesla deployed 13.5 GWh in Q2 — a 40% increase over last year.
Registration data suggests a lot of the sales growth came from Europe. That tracks. Tesla’s been losing ground in some markets, but Europe seems to be bouncing back.
Are people over their Musk fatigue? Hard to say. But the numbers don’t lie.
