Overview
- Tesla confirmed on Thursday that it produced its 10 millionth vehicle this week, a Diamond Black Model Y built at the Fremont factory.
- The company added the most recent million in roughly seven months, a pace that matches its fastest sustained rate in history.
- Tesla reported 451,758 vehicles produced and more than 480,126 delivered in Q2 2026, reflecting sequential and year‑over‑year gains in output and shipments.
- Tesla’s four main assembly plants — Fremont, Gigafactory Shanghai, Gigafactory Berlin‑Brandenburg and Gigafactory Texas — give it installed automotive capacity above about 2.35 million units a year but utilisation is below that level because batteries and electronic components remain scarce.
- Fremont stopped Model S and Model X production in May and is converting those lines for low‑volume Optimus robot production later this year while Cybercab work ramps in Texas, a shift that helps explain why investors have stayed cautious and shares recently dipped below $300.