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Tesla's Q2 Sales Jump 25% as High Fuel Prices Push More Buyers Toward EVs
Mint·Friday, 3 July 2026
Tesla delivered 480,126 vehicles globally in the April-June 2026 quarter, a 25% increase from the same period last year. The company beat expectations, with higher fuel prices cited as a key factor boosting demand for electric vehicles. The results mark a strong rebound for the EV maker.
Why It Matters
Tesla's numbers are a barometer for the global EV market, and the link between rising fuel prices and EV demand is relevant everywhere — including India, where fuel costs are a major household expense.
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