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Tesla Deliveries Climb 25% on Europe and China Strength as US Tax Credit Expiry Bites

7/2/2026

Tesla's second-quarter deliveries rose 25%, powered by strong sales in Europe and China at a time when the US market was pulling the headline number in the opposite direction.

A surge in fuel prices provided a demand catalyst in Europe, where higher running costs for conventional vehicles accelerated buyer decisions toward battery-electric alternatives.

The US shortfall traces directly to the expiration of electric vehicle tax credits. The Geographic Split Behind the Number The quarter's delivery gain is a story of offset rather than uniform strength.

Europe and China delivered enough volume to lift the global total even as American figures fell short — a configuration that matters for how to read Tesla's underlying demand position.

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