Tesla TSLA Q1 2026 vehicle delivery and production numbers
tesla posted its vehicle deliveries and production report for the primary quarter of 2026, exhibiting a drop from the prior interval however gentle progress from a yr earlier. Tesla has recorded annual declines previously two years.
Here are the important thing numbers:
- Total Q1 vehicle deliveries: 358,023
- Total Q1 vehicle production: 408,386
Analysts have been anticipating 370,000 deliveries, in accordance with StreetAccount estimates, whereas a company-compiled consensus by Tesla, revealed on March 26, stated the common estimate was for 365,645 deliveries within the first quarter.
Shares of Elon Musk‘s EV maker sank greater than 4% on Thursday.
Deliveries improved 6% from a year agowhen Tesla reported 336,681. The first quarter of 2025 marked a decline of 13% over the primary quarter of 2024. Tesla’s whole deliveries by 2025 fell to 1.64 million from 1.79 million in 2024.
Tesla’s entry-level Model 3 sedan and hottest Model Y SUVs accounted for 341,893 for the quarter, the corporate stated within the newest report. Deliveries are the closest approximation of gross sales reported by Tesla, however will not be exactly outlined within the firm’s shareholder communications.
While Musk has been refocusing the corporate to provide a driverless Cybercab and Optimus humanoid robots, Tesla has but to promote these merchandise and nonetheless depends on auto gross sales for the majority of its income. In January, Tesla announced it was ending production of its flagship Model S and X autos, and would use the manufacturing facility traces the place they have been assembled in Fremont, California, to construct Optimus robots.
The S and X had lengthy been in decline for Tesla. The 3 and Y accounted for 97% of the corporate’s deliveries final yr.
Musk stated in a publish on his social community X on Wednesday that orders of the S and X have “come to an end,” however some have been left in stock. “We will have an official ceremony to mark the ending of an era. I love those cars,” he added.
The angular, metal Cybertruck, which Tesla began delivering to prospects in late 2023, has not turn out to be a mainstream success. Tesla is poised to ramp up deliveries of its totally electrical Semi in 2026, a category 8 truck with a promised vary of 500 miles.
In its power enterprise, Tesla stated that it deployed 8.8 gigawatt hours of battery power storage techniques within the first quarter, following a file of 14.2 gigawatt hours within the fourth quarter of 2025.
Tesla’s battery power storage merchandise embody its Powerwall backup batteries for houses, and bigger Megapack and Megablock techniques used alongside information facilities and utilities.
Tesla shares dropped 15% within the first quarter, persevering with a development that began two years in the past. The inventory plunged from January via March in 2024 and 2025 however rose in each different quarter to finish the years larger.
Tesla’s 2025 vehicle gross sales droop stemmed from elevated competitors throughout the globe, and a shopper backlash towards Musk in response to his politics. In addition to Musk’s monetary help for President Donald Trump and his work for Trump’s second administration, the Tesla CEO has endorsed Germany’s anti-immigrant extremist social gathering AfD, and anti-Islam activist Tommy Robinson within the UK, amongst others.
Tesla, and the broader US EV market, was additionally damage by the top of a $7,500 federal incentive for the acquisition of recent EVs in September.
But gross sales of used electrical autos have been on the rise because the US and Israel launched strikes towards Iran in late February, sparking a battle that is despatched oil costs hovering.
Iran has retaliated by focusing on ships making an attempt to cross via the Strait of Hormuz.
Tesla’s automotive gross margins and provide chain disruptions are more likely to be in focus when the corporate holds its first-quarter earnings name on April 22 at 5:30 pm ET.
Tesla year-to-date inventory chart.
