Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago

General view of a Tesla Store in Paramus, New Jersey, on March 20, 2025. Tesla reported 336,681 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. The company's shares were last up nearly 4%, rebounding from a dip after Politico reported that CEO Elon Musk could leave his Department of Government Efficiency position. 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 433,3 ... Read full article.