Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
Shares rose 5%.
The electric vehicle maker reported 443,956 deliveries and production of 410,831 vehicles.during the same period last year.
Here are the key numbers:
Wall Street analysts were expecting Tesla to report deliveries of around 387,000 according to FactSet.
Deliveries in the first quarter of 2025 dropped 13% from a year earlier to 336,681. Deliveries are the closest approximation of vehicle sales reported by Tesla but are not precisely defined in the company's shareholder communications.
The electric vehicle maker, headquartered in Austin, Texas, doesn't break out sales and production by model or region. However, the company said that it produced 396,835 of its most popular Model 3 and Model Y cars, with 373,728 combined deliveries for these models in the second quarter.
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