Tesla posted its fourth-quarter 2025 automotive manufacturing and deliveries document on Friday, marking a 2d annual decline for Elon Musk’s automaker.
Right here are primarily the predominant numbers:
- Total Q4 deliveries: 418,227
- Total Q4 manufacturing: 434,358
- Total 2025 deliveries: 1.64 million
- Total 2025 manufacturing: 1.65 million
Wall Aspect road expected 426,000 deliveries for the quarter, in line with estimates compiled by StreetAccount.
In a firm-compiled consensus posted to its web blueprint on Dec. 29, Tesla acknowledged analysts it surveyed had been expecting a 15% tumble from a year earlier to 422,850 autos.
Deliveries for Q4 2025 had been about 16% lower than the fourth quarter of 2024, when Musk’s EV firm reported 495,570. Q4 2025 numbers for manufacturing had been down 5.5% from a year in the past, when Tesla produced 459,445 autos.
For the stout year, Tesla’s deliveries fell 8.6% to 1.64 million from 1.seventy 9 million in 2024.
Tesla acknowledged deliveries of its entry-level Model 3 sedan and Model Y SUV amounted to 406,585 in the fourth quarter, or about 97% of total deliveries. Deliveries of its Model S, Model X and Cybertruck autos got here in at 11,642 all the very best contrivance via the quarter.
After its create debut, Tesla boasted about bigger than 1 million reservations flooding in for the Cybertruck. The angular, steel pickup has yet to be a finest vendor for the firm.
Musk’s aerospace and protection firm, SpaceX, reportedly purchased tens of hundreds and hundreds of bucks worth of Cybertrucks in 2025.
Tesla faces heightened opponents in the electrical automotive market from China’s BYD, South Korea’s Kia and Hyundai, and Volkswagen in Europe, among others.
BYD topped Tesla as the realm’s largest vendor of EVs in a calendar year, announcing in an announcement Thursday that sales grew 28% to 2.26 million objects.
Deliveries are the closest approximation of sales reported by Tesla, nonetheless are no longer exactly defined in the firm’s shareholder communications.
In its energy industry, Tesla acknowledged that it deployed 14.2 gigawatt hours of battery energy storage merchandise in the fourth quarter, following a file in the prior length, when it deployed 12.5 GWh.
Tesla’s battery energy storage methods encompass backup batteries for properties and greater methods faded alongside records centers and utilities.
Tesla will document its fourth-quarter monetary results on Jan. 28.
Sales of Tesla’s autos had been impacted by President Donald Trump’s decision to pause a federal EV incentive by Sept. 30, earlier than previously planned. The expiration pulled some EV sales forward to the third quarter for Tesla and diversified automakers.
Even earlier than that, the initiate of 2025 used to be a fight for Tesla.
After spending heavily to propel Trump help to the White Dwelling, Musk spent the principle quarter of the year main the president’s DOGE initiative to cut the federal personnel.
Musk additionally counseled Germany’s extremist anti-immigrant celebration, AfD, and later supported British anti-Muslim and anti-immigration activist Tommy Robinson. In most up-to-date weeks, Musk has referred to as to abolish the European Union.
Partly in step with Musk’s incendiary rhetoric, Tesla has faced a lasting user backlash in Europe and the U.S. The firm hasn’t fully recovered no topic introducing a brand novel, extra cheap version of its Model Y SUV in October.
Alternatively, Tesla shares peaceful rallied in the 2d half of of the year, leaping 40% in the third quarter, reaching a contemporary file in mid-December. Musk bought $1 billion worth of shares in September.
Shareholders accredited a novel $1 trillion pay conception for Musk in November that will give the CEO extra shares and elevated regulate over the firm. The vote got here after Musk threatened to maybe scramble away Tesla if the conception didn’t movement.
Critics voiced concerns that the conception would not require Musk to employ a minimum length of time on his Tesla work and that there are no limits on his political exercise.
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Whereas Tesla would not rep away deliveries geographically, records from the European Automobile Producers’ Affiliation (ACEA) confirmed that the firm misplaced market allotment in the blueprint in 2025.
Tesla’s European registrations fell 39% in the principle 11 months of 2025, while Chinese language rival BYD saw registrations upward push 240% in Europe. Overall, battery electric autos had been extra broadly embraced in Europe in 2025, amounting to spherical 16% of all novel autos supplied there.
Some analysts project that sales of Tesla’s extra cheap Model Y customary, which the firm launched in October, will help the firm rep ground in coming quarters.
In a demonstrate closing week, analysts at Cannacord Genuity wrote that EV adoption “is rising quickly in emerging markets such as Thailand, Vietnam and Brazil, where robust consumer interest could create meaningful long-term upside for Tesla, even as it faces fierce rivalry from Chinese automakers.”
Along with BYD, Tesla now faces opponents from diversified Chinese language EV makers in conjunction with Xiaomi and Geely.
But Tesla is promoting merchants on Musk’s imaginative and prescient of the long trudge, or what he calls “sustainable abundance,” bigger than EV sales. That imaginative and prescient involves robotaxis, which Musk has promised for years, and humanoid robots, which he says will at some point soon be ready to motivate as factory employees, babysitters, crime stoppers and surgeons.
WATCH: Tesla will enjoy to bend over backwards to defend allotment designate up
