Tesla Delivers a Blowout Quarter, Crushing Wall Street Estimates

Tesla Delivers a Blowout Quarter, Crushing Wall Street Estimates By ZeroHedge - Jul 02, 2026, 1:00 PM CDT Tesla crushed expectations with second-quarter deliveries of 480,126 vehicles, far exceeding Wall Street forecasts and signaling a strong rebound from a weak start to the year. The company also posted robust growth in its energy storage business, deploying a record 13.5 GWh of battery storage as that segment continues to gain momentum. The results ease concerns over slowing EV demand, though Tesla still faces longer-term challenges from rising competition, the loss of EV incentives, and pressure on its core automotive business.