【TSLA】Tesla's first-quarter deliveries rose over 6% to 358,000 units, but fell short of expectations. The U.S. stock market declined more than 4% before the market open.

SocialAnxietyStaker · 2026-04-05T14:16:30+00:00

Tesla announces first quarter data, with vehicle production reaching 408,386 units, a 13% increase, and deliveries of 358,023 units, below expectations, resulting in a 4% drop in stock price. Model 3/Y production increased by 14%, but deliveries only rose by 5.6%.

SocialAnxietyStaker

2026-04-05 14:16:30

Abstract generation in progress

Tesla (U.S.: TSLA) announced its first-quarter sales data. Vehicle production was 408,386 units, up about 13% year over year, higher than the expected 388,169 units. Tesla delivered over 358,023 vehicles last quarter, up about 6.3% year over year, but below the expected 372,160 units.

Due to Tesla’s first-quarter deliveries coming in below expectations, it dragged Tesla’s U.S. stock price down by more than 4% in premarket trading, to $363.6.

During the period, the production of the Model 3/Y was 394,611 units, up about 14% year over year; deliveries were 341,893 units, up about 5.6%. The production of other models was 13,775 units, with deliveries of 16,130 units.

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