Tesla recorded the weakest delivery numbers in almost three years in the first quarter of 2025. With a total of 336,681 vehicles delivered, sales decreased by 13% compared to Q1 2024. These figures are below Wall Street's expectations, where analysts predicted between 360,000 and 370,000 deliveries, with some estimates even reaching up to 407,000.
The Numbers at a Glance
-
Total Deliveries: 336,681 vehicles (13% decline vs. Q1 2024)
-
Model 3/Y: 323,800 units, a decline of 31%
-
Other Models (Cybertruck, Model S, Model X): 12,881 units, a decline of 45%
Production numbers have also decreased. In Q1 2025, 362,615 vehicles were produced, compared to 433,371 in the previous year. Tesla attributes this decline to the conversion of the production lines of all four Gigafactories to the new Model Y, which cost several weeks of production. Nevertheless, Tesla emphasizes that the conversion and ramp-up of the updated Model Y are "going well".
Challenges of the Conversion
The conversion of the production lines to the new Model Y has posed challenges for Tesla:
-
Production Downtime: The conversion led to downtimes that cost several weeks of production capacity.
-
Decline in "Other Models": Vehicles like Cybertruck, Model S, and Model X experienced particularly strong declines, further impacting total sales.
These adjustments have led to a short-term decline in delivery numbers. At the same time, it is evident that Tesla is strategically focusing on long-term growth and aims to successfully ramp up the production process for the new Model Y.
Update in the Energy Segment and Stock Price
In addition to vehicles, Tesla also reported in Q1 that 10.4 GWh of energy storage products were delivered – a slight decrease compared to 11.0 GWh in Q4 2024, but more than double the amount in the same quarter last year. Following the announcement, Tesla shares fell by over 2% and are currently trading at around 262 USD.
Outlook
Despite the current analysis of figures, Tesla is optimistic, as the production of the new Model Y continues to be optimized. Tesla expects a stable ramp-up, which could lead to a recovery in delivery numbers in future quarters. In the energy segment, Tesla also sees potential for further increases in deliveries once the production processes are fully operational again.
It remains exciting to see how Tesla develops in the coming months and whether the company can achieve its ambitious goals despite the current challenges.
Did you like our article?
If you’re already more proud Tesla-Driver are or should be in a timely manner, visit our online shop Shop4Tesla and secure 10% Discount on all products with the discount code: NEWS4TESLA.In our extensive range you will find a variety of high-quality Tesla-Accessories for every model Discover exciting innovations and accessories that will Tesla-Make the experience even better - www.shop4tesla.com.
