Zinger Key Points
- Tesla first-quarter deliveries fell year-over-year and missed analyst estimates.
- A look at Tesla's historical production and delivery figures in each quarter dating back to 2019.
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Tesla Inc TSLA posted first-quarter deliveries that fell shy of analyst estimates and could lead to lower estimates for the full year.
Here's a look at how Tesla's production and deliveries have grown over the years and in some cases declined.
Tesla Q1 Deliveries: In the first quarter, Tesla delivered 336,681 vehicles, down from 386,810 in last year's first quarter. Analysts were expecting 377,592 deliveries for the quarter.
Of the delivery total, Tesla reported 323,800 Model 3 and Model Y vehicles delivered along with 12,881 other vehicles, which includes the Cybertruck.
Tesla produced 362,615 vehicles in the quarter, down from 433,371 vehicles in last year's first quarter.
The company said that factory changeovers for the new Model Y ramp contributed to the lower figures in the quarter.
Also weighing on Tesla's results are lower sales in Europe and several parts of the world, which could be contributed to CEO Elon Musk's deeper political push.
Musk's close ties to the White House administration have angered some and led to Tesla owners selling their models and protesting at dealerships.
How Tesla Fared In Each Quarter: 2019-2025
2019
- Q1 2019: 77,138
- Q2 2019: 87,048
- Q3 2019: 96,155
- Q4 2019: 104,891
2020
- Q1 2020: 102.672
- Q2 2020: 82,272
- Q3 2020: 145,063
- Q4 2020: 179,757
2021
- Q1 2021: 180,338
- Q2 2021: 206,421
- Q3 2021: 237,823
- Q4 2021: 305,840
2022
- Q1 2022: 305,407
- Q2 2022: 258,580
- Q3 2022: 365,923
- Q4 2022: 439,701
2023
- Q1 2023: 440,808
- Q2 2023: 479,700
- Q3 2023: 430,488
- Q4 2023: 494,989
2024
- Q1 2024: 433,371
- Q2 2024: 410,831
- Q3 2024: 469,796
- Q4 2024: 459,445
2025
- Q1 2025: 362,615
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Tesla Vehicle Deliveries By Quarter: Here's a look at how Tesla has fared in deliveries of vehicles in each quarter dating back to 2019:
2019
- Q1 2019: 63,019
- Q2 2019: 95,356
- Q3 2019: 97,186
- Q4 2019: 112,095
2020
- Q1 2020: 88,496
- Q2 2020: 90,891
- Q3 2020: 139,593
- Q4 2020: 180,667
2021
- Q1 2021: 184,877
- Q2 2021: 201,304
- Q3 2021: 241,391
- Q4 2021: 308,600
2022
- Q1 2022: 310,048
- Q2 2022: 254,695
- Q3 2022: 343,830
- Q4 2022: 405,278
2023
- Q1 2023: 422,875
- Q2 2023: 466,140
- Q3 2023: 435,059
- Q4 2023: 484,507
2024
- Q1 2024: 386,810
- Q2 2024: 443,956
- Q3 2024: 462,890
- Q4 2024: 495,570
2025
- Q1 2025: 336,681
Key Takeaways: For many years, Tesla showed consistent growth in production and deliveries. The COVID-19 pandemic and lockdowns and factory restrictions led to lower production.
The electric vehicle company delivered 1,808,581 vehicles in 2023, up 38% year-over-year. The company’s Model Y vehicle became the bestselling vehicle globally, a first for Tesla and the electric vehicle sector.
In 2024, vehicle deliveries fell to an annual total of 1.79 million, which marked Tesla's first annual delivery decline in company history.
At the end of 2024, Tesla said it had the Cybercab in development, the Tesla Semi in pilot production and the Roadster in development. The company has said it has new vehicle releases coming soon, which could increase future delivery totals.
Tesla said it expects its vehicle business to return to growth in 2025.
“The rate of growth will depend on a variety of factors, including the rate of acceleration of our autonomy efforts, production ramp at our factories and the broader macroeconomic environment.”
The company said it has sufficient liquidity to fund its product roadmap.
“Product plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.”
With the first-quarter deliveries already below consensus estimates, the company's goal of returning to growth in 2025 could see huge pressure put on the second half of 2025 and new models to be achievable.
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This article was previously published by Benzinga and has been updated.
Photo: Shutterstock
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