"Tesla built a total of 408,386 electric vehicles, a 12.6 percent increase from Q1 2025. Almost all of those EVs were Models 3 and Y, with 394,611 units produced, reflecting a 14.2 percent increase compared to the same quarter last year."
"Tesla sold a total of 358,023 EVs, a 6.3 percent increase compared to the same quarter in 2025. However, this growth is only half as much as the increase in production, leading to 50,000 more cars in inventory."
"Sales of everything else, including the Cybertruck, Model S, and Model X, fell by 19.7 percent year over year to 13,775 units. The energy storage business also faced challenges, deploying only 8.8 GWh, a 15 percent decline from last year."
In Q1 2026, Tesla produced 408,386 electric vehicles, marking a 12.6% increase from Q1 2025. Most production consisted of Models 3 and Y, totaling 394,611 units, a 14.2% rise. However, sales increased only 6.3%, with 358,023 EVs sold, resulting in a surplus of 50,000 vehicles. Sales of the Cybertruck, Model S, and Model X dropped by 19.7%. Additionally, Tesla's energy storage deployment fell by 15% to 8.8 GWh, with both deliveries and energy deployment below analyst expectations.
Read at Ars Technica
Unable to calculate read time
Collection
[
|
...
]