Overview
- Tesla reported production of 451,758 cars and 480,126 deliveries for the second quarter, a year‑on‑year rise of more than 25 percent, and investors pushed the share price lower after the results as they weighed CEO Elon Musk’s big investments in AI and robotics.
- Analysts said Europe and China powered Tesla’s rebound but the company still trails BYD in global EV volume and faces growing competition from lower‑cost Chinese imports.
- Mexico recorded historic retail demand, with INEGI reporting 126,778 new‑vehicle sales in June and 754,394 units sold in the first half of 2026, figures that industry groups and the AMDA described as record highs for the period.
- Spain showed a rapid shift to electrified vehicles with 32,542 plug‑in and battery electric registrations in June (21.4% market share) and the Tesla Model 3 the best‑selling EV for the month.
- Argentina’s industry contracted sharply: Adefa reported June production of 37,029 vehicles and an 18.3% fall in first‑half output, which industry leaders link to tariff‑free Chinese imports, terminal retooling toward pick‑ups, weak domestic demand and a need for lower taxes and long‑term financing to restore volumes.