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Tesla sales surpass expectations for second quarter as Musk backlash seems to cool

The Guardian UK Thursday 02 July 2026, 15:23 UTC By Reuters 1 min read
Key Points

Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declinesTesla blew past ​Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America. The strong figures suggest Tesla’s ⁠mainstay auto business is regaining momentum after two straight annual sales declines, providing the spending cushion needed to power its ambitions in...

Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines

Tesla blew past ​Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America.

The strong figures suggest Tesla’s ⁠mainstay auto business is regaining momentum after two straight annual sales declines, providing the spending cushion needed to power its ambitions in autonomous driving and artificial intelligence – the main drivers of the company’s roughly $1.6tn valuation.

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Tesla (ORG) Europe (LOCATION) North America (LOCATION)
Originally published by The Guardian UK Read original →

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