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Tesla quarterly deliveries set record; European recovery raises hopes of annual growth

3 July 2026, 11:02 am

1 min read

FILE PHOTO: A Tesla electric vehicle is parked at a Tesla dealership, after Tesla, Inc. released its financial results for the first quarter of 2025, in Berlin, Germany April 23, 2025. REUTERS/Annegret Hilse/File Photo

Reuters scored a clean sweep on Tesla’s record second-quarter deliveries, which crushed Wall Street estimates, as well as its production figures. Tesla shares were up slightly premarket but fell about 7% by midday as investors took profits after an earlier 12% rally, with analysts saying the optimism was already priced in.