Tesla reported In the second quarter around 384,000 vehicle deliveries, a decline of 14% compared to the previous year and the second quarterly decline. The stock rose by about 4%on Wednesday.
The electric vehicle manufacturer reported 443,956 deliveries and production of 410,831 vehicles in the same period of the previous year.
Here are the key numbers:
- Total deliveries Q2 2025: 384,122 vehicles
- Overall production Q2 2025: 410.244 vehicles
The analysts of Wall Street expected Tesla to report deliveries of around 387,000 according to Factset.
Deliveries in the first quarter From 2025, 13% dropped to 336,681 compared to the previous year. The deliveries are the approach reported by Tesla, but are not precisely defined in the company’s shareholder communication.
The electric vehicle manufacturer, headquartered in Austin, Texas, does not break out of sales and production according to the model or region. However, the company said that it produced 396,835 of its most popular Model 3 and model Y carsWith 373,728 combined deliveries for these models in the second quarter.
Many investors had low expectations.
An independent researcher published as a Troy Tashy on Patreon forecast deliveries of 356,000 for the quarter. The forecast market Kalshi announced CNBC on Tuesday that its dealers predict deliveries of around 364,000.
Gene Munster from Deepwater Asset Management said X. He expects the decline in the second quarter to mark the soil for Tesla.
Tesla faces a rush of the competition, especially Chinese EV manufacturers who sell newer and cheaper models. In the first quarter, Tesla accused customers who had delayed their orders, some of their declining automotive sales so that they were able to receive an updated version of the Model Y -SUV that began in March.
There is also a political counter reaction against the CEO Elon MuschusWith waves of protests against Tesla, which burden the company’s reputation and influence sales.
Muschus was President Donald Trump The greatest financial supporter of last year’s election and approved the right-wing extremist anti-immigrant party in Germany. He headed the initiative of the Ministry of Government Efficiency (Doge) of the Trump Administration to reduce the size and capacity of federal authorities, including the task of commissioning its companies. Musk’s formal role with Doge ended in May.
Tesla shares last month
His relationship with Trump started quickly and over the weekend Musk made the feud and struck the multitrillion dollar dollar Tax and expenditure package The president supports and demands the creation of a third political party.
Certain aspects of the invoice could damage Tesla’s solar and battery business and probably reduce the EV sales by around 100,000 vehicles a year by 2035. accordingly Think tank energy innovation.
In the meantime, Trump has threatened to end other subsidies that Musk’s companies benefit, including Tesla and the aerospace and defense company SpaceX. He even threatened to deport musk, a naturalized US citizen.
Also in the announcement on Wednesday, Tesla reported 10,394 deliveries of his other models, including steel cyber trucks in the second quarter. The Angular Pickup has been called back eight times for a large number of hardware and software problems since Tesla began in November 2023.
The company also reported that it had produced 410,244 vehicles in the three months in June, including 396,835 of its most popular and cheapest model Y-SUVs and model 3 sedans.
The Tesla shares fell by more than 5% on Tuesday and concluded at $ 300.71 and decreased by about 26% a year, which was the worst performance among the Megacap companies from Tech. The move put the company’s market capitalization below 1 Billion US dollar.
The company will discuss the financial results for the second quarter with investors on Wednesday, July 23, 2025 after the markets were closed.
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– Samantha Subin from CNBC contributed the reporting
