Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago
Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company's stock wrapped up its worst quarter since 2022.
Tesla reported 336,000 vehicle deliveries in the first quarter of 2025, a 13% decline from a year ago, two days after the electric vehicle company's stock wrapped up its worst quarter since 2022.
Here are the key numbers:
Total deliveries Q1 2025: 336,681
Total production Q1 2025: 362,615
Investors were expecting Tesla to report deliveries of between 360,000 and 370,000 vehicles, according to StreetAccount. Tesla's investor relations team sends a company-compiled consensus to select analysts, and said the average estimate was for around 377,590 deliveries. Prediction market company Kalshi on Tuesday released a forecast for Tesla deliveries of 352,000.
In the first quarter of 2024, Tesla reported 386,810 deliveries, and production of 433,371 vehicles.
Why was there a drop in the report?
Any known factor?