Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago
Published on: 2025-05-18 14:57:04
General view of a Tesla Store in Paramus, New Jersey, on March 20, 2025.
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 forecast for Tesla deliveries of 352,000.
In the first quarter of 2024, Tesla reported 386,810 deliveries, and production of 433,371 vehicles.
Wedbush Securities analyst Dan Ives called the report a "fork in the road moment" for the electric vehicle company in a
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