Tesla Inc. reported its Q2 2025 delivery figures, which exceeded expectations and led to a 5% surge in the company’s stock. Despite declining sales in some markets and a feud between CEO Elon Musk and U.S. President Donald Trump, Tesla delivered 384,122 vehicles in Q2.
Delivery Figures
The majority of the delivered vehicles were the Tesla Model 3 and the Model Y. This was announced in a press release by the company, which also highlighted the strong performance of the refreshed Model Y and quarter-end China deliveries.
Investor Reaction
Veteran investor Gary Black explained on social media that Tesla’s better-than-estimated performance could be attributed to the strong delivery figures, which could lead to positive revisions in the company’s 2025 delivery estimates. Black noted that the elimination of the $7,500 EV credit in Trump’s tax and spending bill could also contribute to the surge in stock.
Market Impact
The stock surge provides relief to Tesla, which has been grappling with poor sales in markets like Sweden and Norway, where sales declined more than 60%. The company’s Canadian sales also took a hit, with some researchers suggesting that sales are “close to zero” in the country.
Leadership Changes
Elon Musk is set to oversee Tesla sales in the U.S. and Europe himself after the departure of close aide Omead Afshar. SVP Tom Zhu will oversee global production operations.
Stock Performance
Tesla’s stock offers satisfactory Momentum and Quality, while scoring well on the Growth metric. However, the stock offers poor Value. Investors can stay up-to-date with the latest stock rankings and insights by signing up for stock rankings services.
Conclusion
Tesla’s Q2 delivery figures exceeded expectations, leading to a surge in the company’s stock. Despite challenges in some markets, the strong delivery figures and leadership changes could contribute to a positive outlook for the company. Investors can expect more updates on Tesla’s performance and the future of the mobility industry.