Analysts forecast stronger quarterly deliveries
Tesla (NASDAQ:TSLA) is expected to report higher vehicle deliveries for the second quarter when it releases production and delivery figures on Thursday, with Wall Street forecasting a rebound driven primarily by improving demand in Europe.
According to a survey of 20 analysts compiled by Visible Alpha, Tesla is expected to deliver 402,780 electric vehicles during the June quarter. That would represent a 4.9% increase from a year earlier and a 12.5% improvement compared with the previous quarter.
Europe expected to lead growth
Analysts expect Europe to be Tesla’s strongest-performing market during the quarter, helped by rising fuel prices that have encouraged more consumers to switch to electric vehicles.
Deutsche Bank forecasts deliveries in Europe will increase by nearly 40% year over year, while China is expected to post modest growth of around 3%. North America, by contrast, is projected to see deliveries fall by 21% from the same period last year.
Tesla does not disclose vehicle deliveries by individual region.
Fuel prices and FSD rollout support demand
Higher fuel costs following the conflict involving Iran have strengthened demand for both new and used electric vehicles across Europe.
The anticipated recovery follows a difficult 2025, when Tesla experienced a sharp decline in European sales amid criticism of Chief Executive Elon Musk’s far-right political comments.
Analysts also believe wider availability of Tesla’s Full Self-Driving (FSD) advanced driver assistance system could support future demand across Europe, although the software is currently approved in only a limited number of countries. A European Union vote on expanding its rollout is expected later this year.
Several European countries are due to publish monthly and quarterly vehicle sales data on Wednesday, offering further insight into regional demand trends.
Lower-priced models remain central to strategy
As part of its efforts to attract more customers, Tesla has introduced lower-cost versions of its Model 3 and Model Y over the past year, broadening the appeal of its electric vehicle lineup in an increasingly competitive market.