Tesla Delivers Fewer Vehicles in First Quarter as Broader EV Market Slows

Tesla’s lower-priced models remain the backbone of deliveries as the company misses analyst expectations for a second straight quarter.

The logo of Tesla at a Tesla Super Charging station in Saint-Herblain near Nantes, France, on March 27, 2025. Stephane Mahe/Reuters

Tesla reported its first-quarter 2026 vehicle deliveries and production on Thursday, posting a decline from the previous quarter but modest growth from a year earlier.

The company said it delivered 358,023 vehicles worldwide in the first quarter, down 14 percent from the fourth quarter of 2025. Tesla produced 408,306 vehicles during that period, which was down 6 percent quarter over quarter.