Q2 2026 Deliveries Beat Expectations: Tesla delivered 480,126 vehicles in Q2 2026, surpassing Wall Street’s consensus of ~406,000 units — a 25% YoY increase and the second consecutive quarter of growth.
Robotaxi Expands to Miami: Tesla’s robotaxi service launched in Miami on July 3rd, extending beyond California and Texas into a major new market.
Berlin Gigafactory Battery Challenge: Tesla launched the Cell Giga Challenge at Gigafactory Berlin, inviting startups to pilot battery tech on its production line. Applications close July 24th.
Stock Drops Despite Strong Deliveries: TSLA fell ~7-8% on July 2nd despite the delivery beat, now down ~12% YTD despite the S&P 500 being up 9%.
AI Spending Cap: Tesla told employees it will cap third-party AI spending at 00/week starting July 6th.