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Anushka Dutta

480,126 Reasons to Buy Tesla Stock Now for the Second Half of 2026

EV-making juggernaut Tesla (TSLA) has reported its second-quarter vehicle delivery and production numbers above expectations. The company delivered 480,126 vehicles during the quarter, representing a 25% year-over-year (YoY) increase, while analysts expected around 406,600 deliveries. Tesla produced 451,758 vehicles in Q2.

While markets did not reward the news, as TSLA stock dropped 7.5% intraday on July 2, this indicates a turnaround as Tesla tries to stage a comeback from consecutive annual declines in auto sales. High oil prices were a tailwind for Tesla during the quarter. However, with oil prices returning to pre-war levels, the second half might not show blockbuster numbers.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

‘America, this is a warning’: pro- Trump Maga media in a froth over Europe protests

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