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Tesla reports drop in fourth-quarter deliveries

ReutersJan 2, 2026 2:56 PM

Electric automaker Tesla TSLA.O reports Q4 deliveries; posts second consecutive annual decline

TSLA handed over 418,227 vehicles in the October–December quarter, down 15.6% from 495,570 a year earlier; analysts expected 434,487 vehicles, according to Visible Alpha

For the full year, TSLA delivered 1.64 mln vehicles, compared with 1.79 mln in 2024; analysts expected deliveries of about 1.65 mln vehicles

"I think the deliveries number, while down, was not too much of a disappointment as the market had been expecting deliveries to fall due to the US EV tax credit expiration," Seth Goldstein, senior equity analyst at Morningstar, said

TSLA shares were marginally up in early trading

TSLA shares were up ~11% in 2025

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