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Earlier on Thursday, Tesla said that it delivered 480,126 vehicles in Q2 2026, beating the sell-side consensus of around 406,000 by roughly 18%.
Tesla delivered 486,532 vehicles in the third quarter, beating estimates despite a slight year-over-year decline, sending shares higher as investors await full earnings in two weeks.
Even one of Tesla’s biggest fans is doing the valuation math, and he doesn’t like the answer