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Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

cnbc.com Lora Kolodny 2026-02-09 12:29:44

Tesla Model Y electric vehicles are collected from the Tesla Gigafactory Berlin-Brandenburg by a car transporter. Tesla reported over 384,000 vehicle deliveries in the second quarter, a 14% decline from a year ago, and the second straight quarterly 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: Total deliveries Q2 2025: 384,122 vehicles Total production Q2 2025: 410,

Topics: deliveries model quarter tesla vehicles
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Rivian receives the next $1B from Volkswagen as sales struggles continue

techcrunch.com Sean O'Kane 2026-02-09 12:00:48

Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the EV startup’s coffers in the form of a share sale. Rivian also announced Wednesday that it delivered 10,661 vehicles in the second quarter. That represents a 23% drop in sales from the second quarter of 2024, and only a slight improvement over Rivian’s rough first quarter, when it delivered 8,640 EVs. The company has already lowered its sales target for 2025 as a result of Pres

Topics: billion quarter rivian second year
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Tesla faces second straight year of falling sales after another bad quarter

techcrunch.com Sean O'Kane 2026-02-09 12:14:13

Tesla delivered 384,122 vehicles in the second quarter of this year, wrapping up another weak quarter for the company as it struggles to bring the pace of sales back up to 2023 levels. That represents a 13.5% drop from the number of cars Tesla delivered in the second quarter of 2022, and it means Tesla runs a real chance of underperforming its total sales figure from 2024. If that happens, it would mean Tesla’s sales will have fallen two years in a row — despite the company once promoting the a

Topics: company quarter sales tesla year
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The electric Hummer is almost outselling the F-150 Lightning

techcrunch.com Sean O'Kane 2026-02-11 08:00:00

General Motors sold 4,508 electric Hummer trucks and SUVs in the second quarter in the U.S., putting it close to Ford’s F-150 Lightning despite a price gap in the tens of thousands of dollars. The Hummer sales were part of a banner quarter for GM’s electric vehicles, making it one of the only automakers that saw a genuine year-over-year uptick in U.S. EV sales, according to data released Tuesday. The company sold 17,420 electric Equinox SUVs, 3,056 electric Silverado pickups, 6,549 Blazer EVs,

Topics: electric ford quarter sales year
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Ford EV sales fall 31% while hybrids rise

techcrunch.com Sean O'Kane 2026-02-11 22:22:46

Ford saw a 31% drop in U.S. sales of electric vehicles in the second quarter of 2025, led by a collapse of E-Transit vans and declining popularity of the F-150 Lightning. At the same time, hybrid sales jumped more than 23% compared to last year. Halfway through the year, and the company has sold just 38,988 electric vehicles — down nearly 12% from where Ford’s EV sales stood at the same point in 2024. That’s despite overall sales being up, thanks in part to the company’s aggressive employee pri

Topics: ford quarter sales sold year
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US economy shrank 0.5% in the first quarter, worse than earlier estimates

news.ycombinator.com Unknown 2026-02-19 03:23:40

WASHINGTON (AP) — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of earlier estimates. First-quarter growth was weighed down by a surge of imports as U.S. companies, and households, rushed to buy foreign goods before Trump could impose tariffs on them. The Commerce Department previously estimated that the economy fell 0.2% in the first qua

Topics: consumer economy gdp quarter spending
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