Market News · Earnings · July 23, 2026
By the Bentley Equity Loans Team
Market & financial news desk
Market & financial news desk
Lost in Thursday's selloff was an operational milestone: Tesla Inc. (TSLA) delivered 480,126 vehicles in the second quarter, its highest-ever quarterly total and up roughly 25% from the same period last year.
The Mix
Model 3 and Model Y accounted for 467,762 of those deliveries. The remaining 12,364 came from Cybertruck and the now-discontinued Model S and Model X. Combined with 358,023 first-quarter deliveries, Tesla moved 838,149 vehicles in the first half of 2026.
The Cost of Volume
The volume came at a price. Average revenue per vehicle fell to about $42,730 from $45,345 a year earlier as Tesla leaned on lower-cost Model 3 and Y variants — the trade-off now visible in compressed margins.
Frequently Asked Questions
How many vehicles did Tesla deliver in Q2 2026?
Tesla Inc. (TSLA) delivered 480,126 vehicles in the second quarter of 2026, a company record and up about 25% year over year.
Which models drove the deliveries?
Model 3 and Model Y accounted for 467,762 deliveries. Cybertruck and the discontinued Model S and X contributed 12,364.
Did average selling price change?
Average revenue per vehicle fell to about $42,730 from $45,345 a year earlier, reflecting a shift toward lower-cost variants.
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