Tesla stock declined following the release of vehicle delivery figures for the first quarter of 2026. Tesla shipped 358,023 electric cars globally from January through March. This marks a 6.3% rise compared to last year, but falls short of analyst predictions, which averaged 372,160 units. Bloomberg reports that Tesla has fallen short of predictions for the second consecutive quarter.
Tesla's most popular models, the Model Y and Model 3, made up the majority of deliveries: 341,893 vehicles. Deliveries of the other electric vehicles—the Model S, Model X, and Cybertruck—totaled 16,130 units. Deliveries were markedly less than Tesla's output: the firm manufactured 408,386 vehicles in the first quarter. Tesla intends to release its financial report on April 22.
During the initial quarter of 2025, Tesla's sales declined due to the halt in Model Y production and the adverse public response to CEO Elon Musk’s actions. During that time, Tesla shipped 336,681 cars: its lowest performance since the second quarter of 2022.
source: bloomberg.com
Tesla's most popular models, the Model Y and Model 3, made up the majority of deliveries: 341,893 vehicles. Deliveries of the other electric vehicles—the Model S, Model X, and Cybertruck—totaled 16,130 units. Deliveries were markedly less than Tesla's output: the firm manufactured 408,386 vehicles in the first quarter. Tesla intends to release its financial report on April 22.
During the initial quarter of 2025, Tesla's sales declined due to the halt in Model Y production and the adverse public response to CEO Elon Musk’s actions. During that time, Tesla shipped 336,681 cars: its lowest performance since the second quarter of 2022.
source: bloomberg.com