Tesla reported a drop in vehicle deliveries for the first quarter from a year earlier. The deliveries and production report lands two days after Tesla’s stock wrapped up its worst quarter since 2022. During the quarter, Tesla faced waves of protests, boycotts, and criminal acts in response to CEO Elon Musk’s political antics and work in the Trump administration. General view of a Tesla Store in Paramus, New Jersey, on March 20, 2025. Kena Betancur | Getty Images
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.
Shares slumped 4% following the news.
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