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Tesla reports 418,227 deliveries for the fourth quarter, down 16%

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A Tesla showroom is seen on Dec. 13, 2023 in Austin, Texas.

Tesla posted its fourth-quarter 2025 vehicle production and deliveries report on Friday. Shares climbed about 1% after the numbers were released.

Here are the key numbers:

Total Q4 deliveries: 418,227

418,227 Total Q4 production: 434,358

434,358 Total 2025 deliveries: 1.64 million

1.64 million Total 2025 production: 1.65 million

Wall Street expected 426,000 deliveries for the quarter, according to estimates compiled by StreetAccount.

In a company-compiled consensus posted to its website on Dec. 29, Tesla said analysts it surveyed were expecting a 15% drop from a year earlier to 422,850 vehicles for the quarter.

Deliveries for Q4 2025 were about 16% lower than the fourth quarter of 2024, when Elon Musk's EV company reported 495,570. Q4 2025 numbers for production were down 5.5% from a year ago, when Tesla produced 459,445 vehicles.

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