03-July-2026
Corporate News
 
Tesla Quarterly Deliveries Set Record; European Recovery Raises Hopes of Annual Growth
03-Jul-2026

Tesla on Thursday posted record-setting second-quarter delivery numbers that smashed past Wall Street estimates, led by a rebound in Europe, feeding hopes that in 2026 the electric vehicle maker can end its two-year streak of annual declines. Strong results from Tesla's mainstay auto business offer a crucial cushion as CEO Elon Musk focuses on expensive ambitions in autonomous driving and artificial intelligence, the main drivers of the company's roughly $1.6 trillion valuation.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-02/tesla-posts-stronger-than-expected-q2-deliveries-as-europe-sales-improve