Overview
- Tesla announced on Thursday that it delivered 481,126 vehicles in April–June 2026, a 25.0% year-on-year increase and a quarterly record.
- Bloomberg reported that Chinese maker BYD sold about 560,000 vehicles in the same quarter and returned to the top spot in quarterly global EV deliveries.
- Analysts say the recovery reflects consumers buying back after last year’s boycott and higher gasoline costs that made electric cars more appealing, but Tesla did not release a region-by-region breakdown so the exact markets behind the rise are not confirmed.
- On the same day Tesla introduced the longer-wheelbase six-seat Model YL in the U.S. as a sales push after federal tax incentives lapsed.
- The April–June result is the first double-digit year-on-year increase since late 2023 and the second straight quarter of growth, a shift that could affect pricing and market share as rivals press gains in China and elsewhere.