Tesla reports Q2 results after the U.S. market close on July 22, with management hosting a live call the same day. According to Tesla's official delivery release, the company produced 451,758 vehicles, delivered 480,126, and deployed 13.5 GWh of energy storage in the second quarter. Q2 deliveries were up about 25% year over year and well above the roughly 407,000 consensus. According to 24/7 Wall St., after deliveries blew past the roughly 407,000 Wall Street consensus, Tesla shares fell about 7% on the day, having already risen about 13% over the prior week. Revenue consensus sits in the $24.5 billion to $25.4 billion range, with EPS estimates around $0.42 to $0.48. The market broadly expects Q2 automotive revenue between $20.5 billion and $21.5 billion, with automotive gross margin ex-regulatory-credits expected in the 18% to 20% range. FSD subscriptions have grown to about 1.28 million from roughly 850,000 a year earlier, up about 51%. Management has raised 2026 capex guidance to more than $25 billion for AI chips, Robotaxi, and humanoid robots.