Tesla Reports 13% Drop in Q1 2025 Vehicle Deliveries, Falling Short of Analyst Expectations Amid Weakening Demand

In the first quarter of 2025, Tesla reported a significant decline in vehicle deliveries compared to the previous year. The electric vehicle manufacturer announced that it delivered 336,681 vehicles during this period, marking a 13% decrease from the 386,810 vehicles delivered in the first quarter of 2024. This decline comes amid weakening demand for Tesla’s electric cars, which has been a concern for investors and analysts alike.

The company’s production figures for the first quarter of 2025 were also released, showing a total of 362,615 vehicles produced. Despite these production numbers, the deliveries fell short of the expectations set by analysts. According to StreetAccount, investors were anticipating Tesla to report deliveries in the range of 360,000 to 370,000 vehicles. The actual delivery numbers were below these projections, indicating a challenging market environment for the automaker.

Analysts had varied expectations for Tesla’s performance in this quarter. Wedbush analyst Dan Ives, in an April 2 research note, estimated that Tesla would likely ship around 350,000 vehicles. However, the actual delivery figures did not meet this estimate. Tesla’s investor relations team had compiled a consensus estimate for select analysts, which averaged around 377,590 deliveries, further highlighting the gap between expectations and actual performance.

This decline in deliveries coincides with Tesla’s stock experiencing its worst quarter since 2022, reflecting broader concerns about the company’s market position and demand for its products. As Tesla navigates these challenges, the company will likely focus on strategies to boost demand and align production with market expectations in the coming quarters.