Tesla Q1 2026 Vehicle Deliveries and Production Report Tesla reported its first-quarter 2026 vehicle delivery and production figures, revealing a 14% decline compared to the previous quarter but a 6% year-over-year increase. The company delivered 358,023 vehicles in Q1 2026, falling short of analyst expectations. StreetAccount estimated 370,000 deliveries, while Tesla’s own compiled consensus projected 365,645 deliveries. The results marked a continuation of annual declines, with Tesla’s 2025 deliveries dropping to 1.64 million from 1.79 million in 2024. Production for the quarter totaled 408,386 units, reflecting the company’s ongoing efforts to meet demand despite challenges in scaling new product lines. Deliveries in Q1 2025 had declined by 13% compared to the same period in 2024, underscoring a broader trend of slowing growth. The 6% year-over-year improvement in Q1 2026, however, highlighted resilience amid a competitive market. Tesla’s strategic shift toward autonomous vehicles and robotics has intensified its focus on projects like the Cybertruck and Optimus humanoid robots. The company has yet to commercialize these products, relying heavily on its automotive division for revenue. In January 2026, Tesla announced the end of production for its flagship Model S and X vehicles, redirecting factory lines in Fremont, California, to manufacture Optimus robots. The S and X models, which had long been in decline, accounted for only 3% of deliveries in 2025, with the Model 3 and Y dominating 97% of the company’s output. Elon Musk’s public statements further shaped the narrative. In a post on his social media platform X, Musk noted that orders for the S and X had “come to an end,” though some inventory remained. He expressed nostalgia for the vehicles, calling the transition “an ending of an era.#tesla #elon_musk #cybertruck #optimus #fremont_california
