Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

[mahatmakanejeeves]

Source: CNBC

Tech
Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

Published Wed, Apr 2 2025 9:06 AM EDT Updated 4 Min Ago

Lora Kolodny
@in/lorakolodny/

Key Points
* Tesla reported a drop in vehicle deliveries for the first quarter from a year earlier.
* The deliveries and production report lands two days after Tesla’s stock wrapped up its worst quarter since 2022.
* During the quarter, Tesla faced waves of protests, boycotts, and criminal acts in response to CEO Elon Musk’s political antics and work in the Trump administration.

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 post on social media platform X. ... “We knew 1Q Tesla deliveries would be soft but these numbers were bad,” he wrote. “We are not going to look at these numbers with rose colored glasses...they were a disaster on every metric. Refresh issues but brand crisis key.”

{snip}

Read more: https://www.cnbc.com/2025/04/02/tesla-tsla-q1-2025-vehicle-delivery-and-production-numbers.html

[twodogsbarking]

1. On the bright side there won't be as many to recall.

[IronLionZion]

2. Business super genius

Conservatives keep owning themselves to own the libs

[LetMyPeopleVote]

3. Tesla sales plunge: Biggest decline in history

This is only the beginning of bad news for Tesla
https://bsky.app/profile/jenmercieca.bsky.social/post/3lltj5g2xm22u

Link to tweet

https://www.cnn.com/2025/04/02/business/tesla-sales

Tesla sales plunged 13% in the first three months of this year, as the company reported the largest drop in deliveries in its history by far, amid backlash against CEO Elon Musk and as growing competition from other automakers’ electric vehicles took a large bite out of demand for its EVs.

Tesla reported that it delivered 336,681 cars in the quarter, compared to 386,810 in the first three months of last year. The Wednesday data represented the company’s worst sales in nearly three years, a drop of 50,000 vehicles from a year ago.

Tesla has faced protests outside its showrooms from those opposed to the actions of Musk in one of his other roles as the head of the Department of Government Efficiency, and the policies of President Donald Trump.

There have also been instances of vandalism against Tesla facilities, including its charging stations, as well as some cars. All these incidents may have discouraged some potential Tesla buyers from going ahead with their purchases.

[hlthe2b]

4. I'm not sure "deliveries" ALWAYS equates to "sales." no matter what the CNBC Biz types tell you...

Vehicle REGISTRATIONS would be less subject to manipulation--of course I'm sure no one has a motivation to do THAT...

[moniss]

5. Good chance even those numbers should be questioned. nt

[homegirl]

6. I really want to know

how many were delivered to and paid for by the U.S. Government?

[Owens]

7. Still too many....

[Fla Dem]

8. I think those numbers represent deliveries to dealers, who already had them on order.

Does not necessarily reflect actual sales. Go by any large dealership and you'll see lots filled with cars waiting to be sold. There's a Walmart parking lot I pass fairly frequently and most of the time almost a 3rd of the lot is filled with new cars. The dealers must rent out the space from Walmart to store their unsold car/truck inventory.

[mahatmakanejeeves]

9. Thanks. I've been wondering what constitutes a delivery.

Does Tesla have dealerships that are independently owned? Are all the dealerships owned by the factory? I don't know.

I suspect that a delivery from Ford or GM might not mean the same thing as a delivery from Tesla.

And good morning.

[Fla Dem]

10. I had no clue about who owned Tesla Dealerships, so googled.

The short answer is no. No independently owned Tesla dealerships.

For the long answer google, "are tesla dealerships independently owned?" .

[et tu]

11. maybe there is still

hope for the planet with hydrogen
gaining traction?